Question

The ratio of expenditure to savings is $2:3,$ if the income is $50,000$ then find savings.

Answer 1

The ratio of expenditure to savings is $2:3$

Let the expenditure is $2x$ and savings is $3x$

The total income is $2x+3x=5x$

$⟹5x=50,000⟹x=10,000$

$\therefore$ Savings is $3\times 10,000=30,000$ $[\because$ savings is $3x]$