The incomes of "Tom Cruise" and "Richard Gere" are in the ratio 3:4. Their expenditure
are in the ratio 3: 5. If each saves Rs. 1,500. Find their incomes.
Answers
Step-by-step explanation:
Given :-
The incomes of "Tom Cruise" and "Richard Gere" are in the ratio 3:4. Their expenditure are in the ratio 3: 5 and each saves Rs. 1,500.
To find :-
Find their incomes?
Solution :-
Given that :
The ratio of the incomes of Tom Cruise and Richard Gere = 3:4
Let they be 3X and 4X
Let the income of Tom Cruise be Rs. 3X
Let the income of Richard Gere be Rs. 4X
The ratio of their expenditure = 3:5
Let they be 3Y and 5Y
Let the expenditure of Tom Cruise be
Rs.3Y
Let the expenditure of Richard Gere be Rs. 5Y
The saving of each one = Rs. 1500
We know that
Income - Expenditure = Saving
Saving of Tom Cruise
=> 3X-3Y = 1500
=> 3(X-Y) = 1500
=> X-Y = 1500/3
=> X-Y = 500 -----------(1)
=> X = 500+Y ----------(2)
and
Saving of Richard Gere
=> 4X-5Y = 1500 -----(3)
On Substituting the value of X in (3) from (2)
=> 4(500+Y) -5Y = 1500
=> 2000+4Y-5Y = 1500
=> 2000-Y = 1500
=> -Y = 1500-2000
=> -Y = -500
=> Y = 500 -----------(4)
On Substituting the value of Y in (2) then
=>X = 500+500
=> X = 1000----------(5)
Now , 3X = 3(1000)=Rs.3000
4X = 4(1000)=Rs. 4000
and
3Y = 3(500)=Rs.1500
5Y=5(500)=Rs. 2500
Their incomes = Rs. 3000 and Rs. 4000
Their expenditures = Rs. 1500 and Rs. 2500
Answer:-
Income of Tom Cruise = Rs. 3000
Income of Richard Gere = Rs. 4000
Check :-
Their incomes = Rs. 3000 and Rs. 4000
Their expenditures = Rs. 1500 and Rs. 2500
Saving of Tom Cruise
= Rs.3000-Rs. 1500
= Rs. 1500
and
Saving of Richard Gere
= Rs. 4000-Rs.2500
=Rs. 1500
Their savings Rs. 1500 each
Verified the given relations in the given problem.
Used Method:-
- Substitution method
Used formulae:-
- Income - Expenditure = Saving