The ratio of income to savings of a person is 10:1. If his saving of one year is 6000 , what is his income per month?

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Solution

ratio of income to savings =10:1
take the income as 10x and savings as x
it is given that savings per year ,x=6000
then income in one year =10x
=106000
=60000
income per month =60000/12 =5000 ( 12 months are there in one year )

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The ratio of income to savings of a person is 10:1. If his saving of one year is 6000 , what is his income per month?

ratio of income to savings =10:1 take the income as 10x and savings as x it is given that savings per year ,x=6000 then income in one year =10*x =10*6000 =60000 income per month =60000/12 =5000 ( 12 months are there in one year )

ratio of income to savings =10:1
take the income as 10x and savings as x
it is given that savings per year ,x=6000
then income in one year =10x
=106000
=60000
income per month =60000/12 =5000 ( 12 months are there in one year )