The monthly incomes of peter and paul are in the ratio of 4 : 3. Their expenses are in the ratio of 3 : 2. If each saves rs. 6,000 at the end of the month, their monthly incomes respectively are (in rs.)
Answers
Answer:
Step-by-step explanation:
Peter : Paul
4: 3 monthly income
3: 2 expenses
1: 1 Saving
Each save Rs. 6000
So Peter income is 4*6000= 24000
Paul income is 3*6000 = 18000
The monthly income of peter is Rs 24000 and monthly income of paul is Rs 18000
Solution:
The monthly incomes of peter and paul are in the ratio of 4 : 3
Let the monthly income of peter = 4x
Let the monthly income of paul = 3x
Their expenses are in the ratio of 3 : 2
Let the expense of peter = 3y
Let the expense of paul = 2y
We know that,
Saving = Income - Expense
Each saves rs. 6,000 at the end of the month
Therefore,
4x - 3y = 6000 ------ eqn 1
3x - 2y = 6000 ----- eqn 2
Solve the above two equations,
4x - 3y = 3x - 2y
4x - 3x = 3y - 2y
x = y
Substitute x = y in eqn 1
4x - 3x = 6000
x = 6000
monthly income of peter = 4x = 4(6000) = 24000
monthly income of paul = 3x = 3(6000) = 18000
Thus, monthly income of peter is Rs 24000 and monthly income of paul is Rs 18000
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