A and b earn in the ratio 2:1,they spend in the ratio 5:3 and save in the ratio 4:1 find the monthly income if each if the total monthly savings of both a and b together is 5000
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Answer:
therefore the monthly income of A is 2*x=2*7000=14000
and that of B is 1x=7000
Step-by-step explanation:
let their monthly income be 2x and 1x respectively.
According to the given condition
total monthly saving is 5000 which is in ratio 4x and 1x respectively i.e. 4000 and 1000 respectively
so now ,
2x-4000/x-1000=5/3
3(2x-4000)=5(x-1000)
6x-12000=5x-5000
6x-5x=12000-5000
x=7000
therefore the monthly income of A is 2*x=2*7000=14000
therefore the monthly income of A is 2*x=2*7000=14000and that of B is 1x=7000
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