If Leon's income is Rs 16000, calculate his savings given that his income and expenditure are in the ratio 8:3.? Choose the correct choice from the following choices:
A) Rs.10000
B) Rs.7000
C) Rs.2500
D) Rs.2450
E) Rs.3000
Let the income and the expenditure of the person be Rs.8x and Rs.3x respectively.   Income, 8x = 16000 =&gt; x = 2000   Savings = Income - expenditure = 8x - 3x = 5x   So, savings 8  - 3= 
<gadget id="calculator">8  - 3</gadget>
<output>5</output>
5x   So, savings= Rs.10000   Rs.10000nswer: Rs.10000
<result>A</result>
If Leon's income is Rs 16000, calculate his savings given that his income and expenditure are in the ratio 8:3.?