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Out of an income of ?1500,she spends ?575.what percent of her income dose she saves
Give: Out of an income of ₹1500, ₹575 is spent.
To find: What percent of her income dose she saves.
Solution:
The percent of her income dose she saves
Income = 1500 ₹
Expenditure = 575 ₹
Savings = Income $-$ Expenditure
Savings = 1500 - 575 = 925 ₹
% of savings = $\frac{925}{1500} \times 100$
= $\frac{925}{15}$ = 61 .66 %
% of savings = 61.66%
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