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29 April, 05:52

Miss money penny inherits £520 from a secret agent. she decides to save some of the money and spent the rest. The ratio of savings to spending money is 5:8. How much does she save and how much does she spend

Savings:

Spending money:

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Answers (1)
  1. 29 April, 07:33
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    Savings : Spending = 5:8

    Sum of ratio = 5 + 8 = 13.

    Fraction of savings = 5/13

    Fraction of spending = 8/13

    Savings is 5/13 * 520 = 5 * 40 = 200

    Spending is 8/13 * 520 = 8 * 40 = 320

    Savings = £ 200

    Spending = £320
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