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16 August, 15:08

Miss moneypenny inherits £360 the ratio of savings to spending money is 5:4

how much money did she spend and how much did she save?

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  1. 16 August, 16:04
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    There are several important information's that are already given in the question. Firstly Miss Moneypenny inherits an amount of 360 pound. Next the ration of her savings to spending money is 5:4. From these information's it is possible to make out the amount of money spent and saved by Miss Moneypenny.

    Let us assume that Miss Moneypenny inherits an amount = x

    Then we can get the equation as:

    5x + 4x = 360

    9x = 360

    x = 360/9

    = 40

    Then the amount of money she saved = (5 * 40) pound

    = 200 pound

    Amount of money she spent = (4 * 40) pounds

    = 160 pounds
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