The income of x and y in the ratio 8:7 and their exprenditures are in the ratio 19:16. If each saves rs.1250. Find their incomes
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We are given that the incomes of X and Y are in the ratio of 8 : 7 and their expenditures are in the ratio 19 : 16. Also, each saves Rs 1250.
We are to find their incomes.
Consider the income of X to be Rs 8x and the income of Y to be Rs 7x. Also, consider the expenditure of X to be 19y and the expenditure of Y be 16y.
Thus, savings of X is Rs and saving of Y is Rs .
Since, both saves Rs 1250. Therefore,
By using cross- multiplication method, we get
Thus, monthly income of X
=
And, monthly income of Y
Therefore, the monthly incomes of X and Y are Rs and Rs , respectively.
We are to find their incomes.
Consider the income of X to be Rs 8x and the income of Y to be Rs 7x. Also, consider the expenditure of X to be 19y and the expenditure of Y be 16y.
Thus, savings of X is Rs and saving of Y is Rs .
Since, both saves Rs 1250. Therefore,
By using cross- multiplication method, we get
Thus, monthly income of X
=
And, monthly income of Y
Therefore, the monthly incomes of X and Y are Rs and Rs , respectively.
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