The monthly income of A and B are in the ratio of 5:4 and their monthly expenditures are in the ratio of 7:5. If each saves Rs. 3,000 per month, find the monthly income of each.
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Solution
We know that Income=Expenditure+Savings
Let 5x,4x be the incomes of A and B respectively.
and 7y,5y be the expenditures of A and B respectively.
⇒5x=7y+3000 or 5x−7y=3000 .......(1) of A
⇒4x=5y+3000 or 4x−5y=3000 .......(2) of B
Eqn(1)−(2) gievs,
5x−7y−4x+5y=3000−3000
x−2y=0 or x=2y
Substitute x=2y in (1) we get
5×2y−7y=3000
⇒10y−7y=3000
⇒3y=3000 or y=1000
Put y=1000 in x=2y we get x=2×1000=2000
Hence Monthly income of A is 5x=5×2000=Rs.10,000 and that of B is 4x=4×2000=Rs.8,000