Question : The ratio of monthly income and expenditure of a man is 7 : 3. If his expenditure is INR 5,400, find his monthly income.
Option 1: INR 12,600
Option 2: INR 13,300
Option 3: INR 11,500
Option 4: INR 10,400
Correct Answer: INR 12,600
Solution :
Given: The ratio of monthly income and expenditure of a man = 7 : 3
Expenditure = INR 5,400
Let monthly income be
According to the question:
⇒
Thus, monthly income
Hence, the correct answer is INR 12,600.