Question

The monthly salary of a person is $₹15,000$ and his monthly expenditure is $₹12,000$. Find the ratio of salary to savings.

Answer 1

Step 1: Find the Savings

Given, monthly salary of the person = $₹15,000$

monthly expenditure of the person = $₹12,000$

monthly savings of the persons = $15,000-12,000=₹3,000$

Step 2: Find the ratio

Ratio between salary to savings = $\frac{15000}{3000}$

Step 2: Convert into simplest form

Divide numerator and denominator by the Highest Common Factor 3000.

Ratio between salary to savings = $\frac{15000÷3000}{3000÷3000}=\frac{3}{1}=3:1$

Hence, the ratio of salary to savings is $3:1$.