If an employee's income is ₹72,000, the amount he spends is 40% higher than his savings. Therefore, his savings (in ₹) is:

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Let the savings be S.

The amount spent is 40% higher than savings, so amount spent = S + 0.4S = 1.4S.

Total income = Savings + Spending

72,000 = S + 1.4S = 2.4S

S = 72,000 / 2.4 = 30,000

Therefore, the savings amount is ₹30,000.

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