Question

Annual income of a and b is in the ratio of 5:4 and their annual expenses bear a ratio 4:3 if each of them saves rs. 500 at the end of the year. The annual income of a is

Answer 1

Answer:

Ratio of annual income of a and b is 5:4,then

Annual income of a = 5x

Annual income of b = 4x

Ratio of annual expenses of a and b is 4:3, then

Annual expenses of a = 4x

Annual expenses of b = 3x

Both saves rs. 500 at the end of the year

Then,

According to the question,

Annual income of a - annual expenses of a = saving of a

5x - 4x = 500

x = 500

Annual income of a = 5x = 5*500 = 2500