A and B save 25% and 40% of their respective incomes. If their expenditures are equal , then find ratio of their incomes
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Given, Jacob and Mohan save 20% and 40% of their respective incomes. That means, Jacob's and Mohan's expenditure are 80% and 60% of their respective incomes of x any y.
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Answer 4 : 3
Step-by-step explanation:
Let the incomes of Jacob and Mohan are x and y respectively.
Given, Jacob and Mohan save 20% and 40% of their respective incomes.
That means, Jacob's and Mohan's expenditure are 80% and 60% of their respective incomes of x any y.
Given that their expenditures are equal.
⇒ 80% of x = 60% of y
⇒ (80/100) * x = (60/100) * y
⇒ (4/5) * x = (3/5) * y
⇒ 4y = 3x
⇒ (y/x) = (4/3)
⇒ y : x = 4 : 3
Hope it helps!
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