Income and expenditure of a person are in the ratio 7 : 6. If the income of the person is Rs. 14000, then find his savings? Choose the correct choice from the following choices: A) 500 B) 1000 C) 1500 D) 2000 E) 2500
Let the income and the expenditure of the person be Rs. 7x and Rs. 6x respectively.   Income, 7x = 14000   =&gt; x = 2000   Savings = Income - expenditure   = 7x - 6x = x   So, savings =Rs.2000.   Answer: 2000
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Income and expenditure of a person are in the ratio 7 : 6. If the income of the person is Rs. 14000, then find his savings?