Question

Shyam's monthly income is $Rs.12,000$. He saves $Rs.1,200$. Find the present of his saving and his expenditure.

Answer 1

given that shyam's monthly salary $=12000$
his saving $=1200$
his expenditure $=12000-1200$
$=10800$
so percentage saving $=\frac{1200}{2000}\times 100=10\%$
his percentage expenditure $=\frac{10800}{12000}\times 100=90\%$
Therefore his saving is $10\%$ and expenditure is $90\%$ of his income.