ERCISE 8.3 are in 10. The ratio of the income to the expenditure of a family is \( 10: 8 \). If the expenditure is \( ₹ 72,000 \), what is the income?
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To find the income, we can set up a simple ratio calculation based on the given information. The ratio of income to expenditure is 10:8, which simplifies to 5:4. If the expenditure is ₹72,000, we can calculate the income by setting up a proportion. Let the income be \( I \). According to the ratio, we have: \[ \frac{I}{72,000} = \frac{5}{4} \] Cross-multiplying gives us: \[ I = 72,000 \times \frac{5}{4} = 72,000 \times 1.25 = ₹90,000 \] Thus, the income is ₹90,000.
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