SOLUTION: A man earns $1200 and spends $450 per month. Find the ratio of
(a) his income to his expenditure and
(b) his saving to his income
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Question 1106552: A man earns $1200 and spends $450 per month. Find the ratio of
(a) his income to his expenditure and
(b) his saving to his income
Answer by Theo(13342) (Show Source): You can put this solution on YOUR website!
his monthly income is 1200.
his monthly expenditures are 450.
the ratio of his monthly income to his monthly expenditure would be 1200 / 450.
his monthly savings would be 1200 - 450 = 750.
the ratio of his monthly savings to his monthly income would be 750 / 1200.
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