Question

The ratio of income to savings for the month of family is 12 ∶ 5. What is the amount of savings for 6 months, where expenditure of a month is Rs. 21,000?

• A. 90,000
• B. 30,000
• C. 45,000
• D. 15,000

Answer 1

Answer:

A. 90,000

Let Income be 12x Savings be 5x Expenditure = Income - Savings ⇒ 12x - 5x = 7x Expenditure of a month = Rs. 21,000 ⇒ Savings of a month = 21,000 × 5x/ 7x ⇒ Savings of a month = 15,000 Savings of 6 months = 15,000 × 6 = Rs. 90,000