The annual incomes of A and B are in the ratio 3 : 4 and their annual expenditures are in the ratio 5 : 7. If each saves Rs. 5,000: find their annual incomes.
Let A’s annual in come = Rs.x
and B’s annual income = Rs. y
According to the question,
4x - 3y = 0...(1)
and,
7x - 5y = 10000...(2)
Multiplying equation no. (1) by 7 and (2) by 4.and subtracting (4) from (3)
From (1)
4x - 3 (40000) = 0
x = 30000
Thus, A’s income in Rs. 30,000 and B’s income is Rs. 40,000.