Mr. Sharma has a monthly salary of Rs 8,000. If he spends Rs 6,400 every month; find : (i) his monthly expenditure as percent.
Mr. Sharma has a monthly salary of Rs 8,000. If he spends Rs 6,400 every month; find :
(i) his monthly expenditure as percent.
(ii) his monthly savings as percent.
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Monthly salary of Mr. Sharma = Rs 8000
He spends every month = ₹ 6400
His savings = Rs 8000 – 6400 = Rs 1600
(i) Percent expenditure = 6400/8000 x 100% = 80%
(ii) Percent savings = 1600/8000 x 100% = 20%
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