Question

The incomes of X and Y are in the ratio of 8 : 7 and their expenditures are in the ratio 19 : 16. If each saves Rs 1250, find their incomes.

Answer 1

Let the income of be Rs and the income of be Rs.further let the expenditure of be and the expenditure of be respectively then,

Saving of =

Saving of =

Solving equation and by cross- multiplication, we have

The monthly income of =

The monthly income of

Hence the monthly income of is Rs

The monthly income of is Rs