Income and expenditure of a person are in the ratio 8 : 7. If the income of the person is Rs. 40000, then find his savings?  Options:	A) 5000	B) 6000	C) 7000	D) 8000	E) 9000

Rationale: "let the income and the expenditure of the person be rs . 8 x and rs . 7 x respectively . income , 8 x = 40000 = > x = 5000 savings = income - expenditure = 8 x - 7 x = x so , savings = rs . 5000 . answer : a"
Answer: A