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Question
A man's monthly inoome is Rs 5,000. He saves every month a minimum of R~ 800. Find the ratio of his:
monthly savings to monthly expenses.
Solution
monthly savings to monthly expenses.
Monthly expenses= Rs 5,000 - 800 =Rs 4,200
`"Monthly Savings"/"Monthly expenses" = 800/4200 = 8/42 = 4/21`
Therefore, monthly savings : monthly expenses = 4 : 21
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