The monthly income of Mukund is (3/7) of that of Madhav, whereas his monthly savings are (1/3) of that of Madhav. If the monthly expenditure of Madhav is 20,000 which is twice that of Mukund, find the difference between the monthly incomes of both of them? (1) 520,000 (2) 25,000 (3) 15,000 (4) 330,000 (5) None of these
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Answer:
15,000
Step-by-step explanation:
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Answer:
Let income of A and B be 3*x and 4*x respectively.
Their expenditures be 4*y and 5*y.
Thus, savings of A and B will be 3*x-4*y and 4*x-5*y respectively
Given situation is,
[math]4*x-5*y=1/3*4x[/math]
[math]12*x-15*y=4x[/math]
[math]8*x=15*y[/math]
Therefore, ratio of their savings=
[math](3*x-4*y)/(4*x-5*y)[/math]
[math]=(3*x-4*8*x/15)/(4*x-5*8*x/15)[/math]
[math]=(15*3–8*4)/(15*4–5*8)[/math]
[math]=13/20[/math].
15,000
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