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Q.

The ratio of monthly income to the savings of a family is 7: 2. If the savings are of Rs.500, then what is the expenditure?


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a

2345

b

2300

c

1250

d

1000 

answer is C.

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Detailed Solution

Given,
Ratio of monthly income to the savings of a family is 7: 2.
Savings = Rs.500
Let the income be 7x and the savings be 2x.
Now,
2x=500  
x=250  
Then,
7x=7×250 7x=1750  
We know that,
Expenditure=IncomeSavings Expenditure=1750500 Expenditure=Rs.1250  
Thus, the expenditure is 1250.
Therefore, option 3 is correct.
 
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