Annual incomes of Aashu and Pinky are in the ratio 8:5 and their annual
expenses 5:3. If each of them saves Rs.500 at the end of the year, then find
annual income in Rs.) of each.
1
Answers
Answer:
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The annual incomes of Aashu and Pinky are Rs. 8000 and Rs. 5000 respectively.
Step-by-step explanation:
Given:
The ratio of The annual incomes of Aashu and Pinky is 8:5.
The ratio of The annual expenses of Aashu and Pinky is 5:3.
At the end of the year savings of Aashu and Pinky are Rs. 500 each.
To Find:
The annual incomes of Aashu and Pinky.
Formula Used:
Annual expenses = annual income - annual savings
Solution:
Let the annual incomes of Aashu and Pinky be p and q respectively.
As given- the ratio of The annual incomes of Aashu and Pinky is 8:5.
-------------------------- equation no.01.
As given- The ratio of The annual expenses of Aashu and Pinky is 5:3.
At the end of the year savings of Aashu and Pinky are Rs. 500 each.
Putting the value of q from equation no.01.
Putting the value of q in equation no.01.
Thus, the annual incomes of Aashu and Pinky are Rs. 8000 and Rs. 5000 respectively.