The incomes of two persons A and B are in the ratio 8:7 and the ratio of their expenditure is 19:16.If their savings are rupees 2550 per month, find their monthly income.
Answers
Answer: A's income is Rs.12240
B's income is Rs. 10710
Step-by-step explanation:
The incomes of two persons A and B are in the ratio 8:7
Let the common ratio of income is x
A's income = 8x
B's income = 7x
Now the ratio of their expenditure is 19:16
Let the common ratio of expenditure is y
A's expenditure = 19y
B's expenditure = 16y
Savings = income - expenditure
so we have
8x- 19y = 2550 ----(i) and 7x- 16y = 2550 -----(ii)
multiplying (i) by 7 and (ii) by 8 we get
56x-133y = 17850 ----(iii) and 56x- 128y = 20400 ----(iv)
Now Subtract (iv) from (iii)
Now put y = 510 in (i)
A's income = 8x = 8 x 1530 = Rs.12240
B's income = 7x= 7 x 1530 =Rs. 10710
Hence, A's income is Rs.12240 and B's income is Rs. 10710
Let x be the common ratio of income..
So,
A's income is 8x
B's income is 7x
Now,
Let the common ratio of expenditure be y
So,
A's expenditure is 19y
B's expenditure is 16y
As we know,
Savings = Income-Expenditure
so,
A's savings =>8x-19y=2550.........i
B's savings =>7x-16y=2550.........ii
Multiplying equation i by 7 and equation ii by 8.Then subtracting ii from i.
56x-133y=17850
56x-128y=2040
(-) (+) (-)
___________
-5y=-2550
y=510
put the value of y in i, we get..
8x-19×510=2550
=1530
Therefore,
A's income =8x=8×1530=Rupees 12240
B's income =7x=7×1530=Rupees 10710...
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