The ratio of income to expenditure of a person is 5 : 2. What percentage of his income is he saving?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2 i.e. 60%.
Income : Expenditure = 5 : 2
Savings = 5 - 2 = 3
Savings percentage = (3/5) × 100 = 60%