The ratio of monthly income and expenditure of a man is 7 : 3. If his expenditure is Rs 5,400, find his monthly income.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. Rs 12,600.
Calculations:
We know that,
Income = Expenditures + savings
Let the monthly income and expenditures be 7x and 3x.
According to the question;
⇒ 3x = 5400
⇒ x = 1800
Income = 7x = Rs. 12600