Multiple choice

The ratio of income and expenditure of a family is 10 : 7. If the expenditure of his family is Rs. 10500, what is his saving?

  1. Rs. 4500

  2. Rs. 10000

  3. Rs. 4000

  4. Rs. 5000

  5. None of these
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A Correct answer
Explanation

Income:Expenditure = 10:7. Expenditure = Rs. 10500. Since 7 parts = 10500, 1 part = 1500. Income = 10 parts = Rs. 15000. Saving = Income - Expenditure = 15000 - 10500 = Rs. 4500.

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