Question

In a year$,$ Seema earns $₹1,50,000$ and saves $₹50,000$ find the ratio of $:$

money she saves to the money she spends$.$

Answer 1

Step $1:$ To find the ratio of money Seema saves to the money she spends$.$

Given money she earns $=$$₹1,50,000$

money she saves $=$$₹50,000$

money she spends $=1,50,000-50,000$

$=₹1,00,000$

Step $2:$ Now find the ratio

Required Ratio $=$$₹50,000$ $:$ $₹1,00,000$

Step $3:$ Convert ratio into fraction and write it into simplest form

$₹50,000$$:$$₹1,00,000$ can be written as

$=$$\frac{50,000}{1,00,000}$$,$divide the numerator and denominator by $10,000$

$=\frac{50,000/10,000}{1,00,000/10,000}$

$=\frac{5}{10}$

$=\frac{1}{2}$

Hence, the ratio of money she saves to the money she spends is $1:2$