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23 July, 08:39

The ratio of savings to expenditure is 2:8 find the savings if the expenditure is 24,000

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  1. 23 July, 08:51
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    the savings is 6000

    Step-by-step explanation:

    We are told that the ratio of savings to expenditure is 2: 8, that is, that person saves 2 when he spends 8.

    They tell us to find the savings when the cost is 24,000, so we are left with:

    24000 * 2/8 = 6000

    which means that when 24000 are spent the savings is 6000
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