Question

Priya spends 3/5 of her income on household expenses and 1/7 of her income on her personal expenses.If her monthly income is 35000,find her monthly savings?

Answer 1

$$\begin{gathered} \mathrm{Monthly}\mathrm{income}\mathrm{of}\mathrm{Priya}=\mathrm{Rs}35000 \\ \mathrm{Money}\mathrm{spent}\mathrm{on}\mathrm{household}\mathrm{expenses}=\frac{3}{5}\mathrm{of}35000=\frac{3}{5}\times 35000=\mathrm{Rs}21000 \\ \mathrm{Money}\mathrm{spent}\mathrm{on}\mathrm{personal}\mathrm{expenses}=\frac{1}{7}\mathrm{of}35000=\frac{1}{7}\times 35000=\mathrm{Rs}5000 \\ \mathrm{Now},\mathrm{monthly}\mathrm{savings}\mathrm{of}\mathrm{Priya}=35000-\left(21000+5000\right)=35000-26000=\mathrm{Rs}9000 \end{gathered}$$