the monthly incomes of a and b are in the ratio 4:5 and expenses are in the ratio 5:6.if a saves $250 per month and b saves $500 per month, then what are the respective incomes of a and b?
Answers
Step-by-step explanation:
Solution:
Option(A) is correct
Let A's income be = 4x
A's expenses, therefore = 4x–25
Let B's income be = 5x
B's expenses, therefore = 5x–50
We know that the ratio of their expenses = 5:6
⇒24x−150=25x−250
⇒ Therefore, x=100.
⇒A's income =4x=400 and B's income =5x=500.
Given: The ratio of a and b's monthly incomes = 4:5
The ratio of a and b's expenses = 5:6
a's savings = $250
b's savings = $500
To find: The incomes of a and b
Solution: Let their monthly incomes be 4x and 5x.
Let their expenses be 5y and 6y.
According to the question,
4x - 5y = 250 [equation i]
5x - 6y = 500 [equation ii]
Now multiplying equation i with 5 and equation ii with 4, we get
20x - 25y = 1250 [equation iii]
20x - 24y = 2000 [equation iv]
Now subtracting iii from iv, we get
y = 750
Substituting the value of y in equation i,
4x - 5 × 750 = 250
⇒ 4x = 250 + 3750
⇒ x = 4000/4
⇒ x = 1000
Therefore, a's income = $ 4 × 1000 = $ 4000.
Amy's income = $ 5 × 1000 = $ 5000.
Answer: $ 4000 and $ 5000