Question

Neelam’s annual income is $Rs,2,88,000$. Her annual savings amount to $Rs.36,000$. The ratio of her savings to her expenditure is $1:7$

• A. True
• B. False

Answer 1

The correct option is A True

Expenditure $=$ Annual income $-$ saving amount

$= Rs. 288000 - Rs. 36000$

$=Rs.252,000$

Ratio of her savings to her expenditure $=36000:252,000$

$=\frac{36000}{252,000}$

$=\frac{36}{252}$

$=\frac{6}{42}$ [On dividing both sides by $6$]

$=1:7$