Math Problem Statement
Amit's income is 30000 per month, he saves 6000 per month. find (a) the percentage of his salary he saves every month (b) what amount does he spend? (c) percentage of his salary he spends every month (d) Ratio of his expenses to his savings
Solution
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Math Problem Analysis
Mathematical Concepts
Percentage
Ratio
Basic Arithmetic
Formulas
Savings Percentage = (Savings / Income) * 100
Expenses Percentage = (Expenses / Income) * 100
Expenses to Savings Ratio = Expenses / Savings
Theorems
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Suitable Grade Level
Grades 6-8
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