the ratio of incomes of two persons is 9 : 7 and the ratio of their expenditure is 4 :3 if if each of them manage to save rupees 2000 per month. find their monthly income
Answers
Answer:
Let the income of first person be '9x'
And the income of 2nd person be '7x'
A.T.Q,
9x-2000/7x-2000 = 4/3
By cross multiplication,
→27x-6000 = 28x-8000
→28x-27x = -6000+8000
→x = 2000
Therefore,
Income of 1st person = 9x = 9×2000 = ₹18000
Income of 2nd person = 7x = 7×2000 = ₹14000
Let the monthly incomes be represented by x and their expenditure be represented by y.
According to the given income ratios,
Income of the first person is 9x and that of the second persons is 7x.
Expenditure of the first person is 4y and the second person’s is 3y.
Both of them manage to save ₹2000 per month.
i.e. income – expenditure = savings
Then,
9x – 4y = 2000 …I
7x - 3y = 2000 …II
Multiplying I by 3 and II by 4, we get
27x – 12y = 6000 …III
28x – 12y = 8000 …IV
Subtracting III from IV, we get
x = 2000
Putting x = 2000 in I we get,
18000 – 4y = 2000
⇒ 16000 = 4y
⇒ y = 4000
Now,