Income and expenditure of a person are in the ratio 15 : 8. If the income of the person is Rs. 15000, then find his savings?
Select the correct option:
A) 6999
B) 7000
C) 7001
D) 7002
E) 7003
Let the income and the expenditure of the person be Rs. 15x and Rs. 8x respectively.   Income, 15x = 15000 =&gt; x = 1000   Savings = Income - expenditure = 15x - 8x = 7x 15  - 8= 
<gadget id="calculator">15  - 8</gadget>
<output>7</output>
7x= 7(1000)   So, savings = Rs. 7000.   Answer:7000
<result>B</result>
Income and expenditure of a person are in the ratio 15 : 8. If the income of the person is Rs. 15000, then find his savings?