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
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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
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