Income of Rahim is $12,060.00 per month and that of Ami is ¢191,520.00 per annum. If the monthly expenditure of each of them is ¢10,960.00 per month find the ratio of their savings.
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--- Actual

--- Estimate

Explanation:

Given

Let

Rahim's savings

Ami's savings

Their income is:

Required

Ratio of their monthly savings

First, convert Rahim's income from USD to Ghana Cedis (¢)

Multiply by 5.76

Subtract their expenditure from the income, to get their monthly savings:

The ratio of their savings is:

Remove units and multiply by 10

Divide by 32 (their gcd)

---- this is the actual ratio of their savings

To get an estimate; divide by 18283

Approximate

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