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A man spends a part of his monthly income and saves the rest. The ratio of his expenditure to the savings is `37 : 6`. If his monthly income is Rs. 8170, the amount of his monthly savings is:

A

Rs 870

B

Rs 1140

C

Rs 980

D

Rs 780

Text Solution

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The correct Answer is:
To solve the problem step by step, we will follow the given information about the man's expenditure and savings. ### Step 1: Understand the Ratios The ratio of the man's expenditure to his savings is given as \( 37:6 \). This means that for every 37 parts of expenditure, there are 6 parts of savings. ### Step 2: Define Variables Let: - Expenditure = \( 37x \) - Savings = \( 6x \) Here, \( x \) is a common multiplier. ### Step 3: Set Up the Equation According to the problem, the total income is the sum of expenditure and savings. Therefore, we can write the equation as: \[ \text{Expenditure} + \text{Savings} = \text{Total Income} \] Substituting the values we defined: \[ 37x + 6x = 8170 \] ### Step 4: Combine Like Terms Combine the terms on the left side: \[ 43x = 8170 \] ### Step 5: Solve for \( x \) To find the value of \( x \), divide both sides of the equation by 43: \[ x = \frac{8170}{43} \] Calculating this gives: \[ x = 190 \] ### Step 6: Calculate Monthly Savings Now that we have the value of \( x \), we can find the monthly savings: \[ \text{Savings} = 6x = 6 \times 190 = 1140 \] ### Conclusion The amount of the man's monthly savings is Rs. 1140. ---
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