the income of a businessman in last 5 years is in the ratio 3:2:6:5:7. if the average of income of last five years is rs.4600. Calculate the income of each year
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Answer:
3:2:6:5:7
now
3x = 3 × 200 = 600Rs
2x = 2 × 200 = 400Rs
6x = 6 × 200 = 1200Rs
5x = 5 × 200 = 1000Rs
7x = 7 × 200 = 1400Rs
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Given :
- The income of a businessman in last 5 years is in the ratio 3:2:6:5:7.
- The average of income of last five years is ₹ 4600.
To Find :
- The income of each year.
Solution :
Let's Assume,
- The income of first year be 3b
- The income of second year be 2b
- The income of third year be 6b
- The income of fourth year be 5b
- The income of fifth year be 7b
According to the Question :
- 3b + 2b + 6b + 5b + 7b = 4600
- 5b + 11b + 7b = 4600
- 16b + 7b = 4600
- 23b = 4600
- b = 4600/23
- b = ₹ 200
Therefore :
- The income of first year = 3b
- The income of first year = 3 × 200
- The income of first year = ₹ 600
- The income of second year = 2b
- The income of second year = 2 × 200
- The income of second year = ₹ 400
- The income of third year = 6b
- The income of third year = 6 × 200
- The income of third year = ₹ 1200
- The income of fourth year = 5b
- The income of fourth year = 5 × 200
- The income of fourth year = ₹ 1000
- The income of fifth year = 7b
- The income of fifth year = 7 × 200
- The income of fifth year = ₹ 1400
Hence, the income for first , second , third , fourth and fifth year are ₹ 600 , ₹ 400 , ₹ 1200 , ₹1000 , ₹1400 respectively.
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