The rates of income to ravings of a family is 11:4, if their monthy expenditure 98.00. Find their monthy income.

August 2023 2 1 Report

Answer:

359.70

Step-by-step explanation:

Given,

The ratio of income to savings of the family is: 11:4,

and, the monthly expenditure is: 98.00

To Find,

The monthly income of the family.

Solution,

This problem can be easily solved by using the following process.

Let,

Similarly, the savings will be: 4x

Thus,

The expenditure will be: Total income - expenditure

=11x - 4x

=3x

And according to the question, the monthly expenditure is 98.00.

So, 3x = 98.00

⇒ x = 98÷3

⇒ x = 32.6666

⇒x ≅ 32.70

So, the monthly income = 11x = 11×32.70 ≅ 359.70

Hence, the monthly income of the family is 359.70.