Q) The monthly incomes of A and B are in the ratio 8 : 7 and their expenditures are in the ratio 19 : 16. If each saves 2500 per month, find the monthly income of each.
Ans:
Let the income of A and B be 8 X and 7 X
Since Saving = Income – Expenditure
or we can say, Expenditure = Income – Savings
Given that saving of both person is 2500
hence, expenditure of A = 8 X – 2500
and expenditure of B = 7 X – 2500
Since the ratio expenditures is given as 19 : 16,
Therefore
∴ 16 (8X – 2500) = 19 (7X – 2500)
∴ 128 X – 16 x 2500 = 133 X – 19 x 2500
∴ 19 x 2500 – 16 x 2500 = 133 X – 128 X
∴ 2500 (19- 16) = 5 X
∴ 5 X = 7500
∴ X = 1500
Therefore the income of A = 8 X = 8 x 1500 = 12000
and income of B = 7 X = 7 x 1500 = 10500
Therefore the incomes of A and B are 12000 and 10500 respectively.
Please do press “Heart” button if you liked the solution.