The ratio of income to savings of a family 11:2 find the expenditure if the saving is Rs. 1520.
Ratio of income and saving =11:2
So let the income be 11x, then the saving will be 2x
Total income = expenditure + saving
And the saving is given as Rs. 1520
⇒2x=Rs. 1520
⇒x=Rs. 15202
⇒x=Rs. 760
⇒ Income =11x=11×Rs. 760=Rs. 8360
Expenditure = Income − saving
=Rs. 8360−Rs. 1520
=Rs. 6840
Therefore, the expenditure of the family is Rs. 6840.