The ratio of income of two gentlemen is 9:7 and the ratio of their expenditure are 4:3. If each of them manages to save Rs. 2000 per month, find the difference in their monthly income.
Rs.4000
Let x be the income of both the gentlemen and y be their expenditure.
Ratio of income = 9:7
Their total income = 9x + 7x = 16x
Ratio of their expenditure = 4 : 3
Their total expenses = 4y + 3y = 7y
savings = 2000 each [given]
Since, Income – expense = saving
9x – 4y = 2000 --------- (i)
7x – 3y = 2000 ---------- (ii)
Solving the equation (i) and (ii), we get
x = 2000 and y = 4000
So, their monthly incomes = 9 × 2000 = Rs.18000
= 7 × 2000 = Rs.14000
Difference in their income = Rs.(18000 - 14000) = Rs. 4000