Ratio = 7:6
Income = ₹ 14000
Let the expenditure be ₹ x.
According to condition,
7:6 :: 14000:x
or, 7/6 = 14000/x
or, 7x = 14000×6
or, 7x = 84000
or, x = 84000/7
or, x = 12000
So, expenditure = ₹ x = ₹ 12000
Savings = ₹ (14000-12000) = ₹ 2000.
Hence, the savings is ₹ 2000.
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Answers & Comments
Ratio = 7:6
Income = ₹ 14000
Let the expenditure be ₹ x.
According to condition,
7:6 :: 14000:x
or, 7/6 = 14000/x
or, 7x = 14000×6
or, 7x = 84000
or, x = 84000/7
or, x = 12000
So, expenditure = ₹ x = ₹ 12000
Savings = ₹ (14000-12000) = ₹ 2000.
Hence, the savings is ₹ 2000.