Question

Question 4

Only one of the four options is correct. Write the correct one.

Neelam's annual income is Rs. 288000. Her annual saving amount is Rs. 36000. The ratio of the her savings to her expenditure is

a) 1 : 8

b) 1 : 7

c) 1 : 6

d) 1 : 5

Answer 1

Given,

Neelam's annual income = Rs. 288000

Her annual saving = Rs. 36000

$\therefore$ Her expenditure = Income - Saving

= Rs. 288000 - Rs. 36000 = Rs. 252000

$\therefore$ Rato of her savings to her expenditure

= $\frac{Neela{m}^{\prime }ssaving}{Neela{m}^{\prime }sexpenditure}$

= $\frac{36000}{252000}$

$=\frac{1}{7}$ [on dividing numerator and denominator by 36000]

= 1 : 7

Hence, (b) is the correct option.