The ratio of income of A and B is 5:4 and ratio of expenditure is 3:2. If B saves one third of his income. Find the ratio of their savings.
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Answer:
Given - A : b
Inc - 5 : 4
Exp - 3 : 2
also its given that B saves 1/3 of his income, hence spend the 2/3 of his income.
we know that if we multiply of divide ration by common factor than ration remains same, so we can multiply income ratio by 3 as B save 1/3 of his income
multiply by 3 - A : B = 15 : 12 ( A- 5*3= 15, B - 4*3 =12)
out od income 12 B spent 8 (2/3) and saving is 4 . now we need to balance the ratio of expenditure as we know B spent 8 so we can multiply expenditure by 4 (B expe- 2*4=8, A expe- 3*4=12)
now new ration will be
———— A : B
Income 15 : 12
Expen - 12 : 8
saving - 3 : 4 ( Saving = Income- Expen)
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