. The ratio of monthly income of two persons A and B is 8: 7 and their monthly expenditure ratio is 19:16. If both individuals have a
monthly savings of ૨ 1250, find
everyone's monthly income.
Answers
A n s w e r
G i v e n
- The ratio of monthly income of two persons A and B is 8: 7
- Their monthly expenditure ratio is 19:16
F i n d
- Their monthly income
S o l u t i o n
Given that , The ratio of monthly income of two persons A and B is 8: 7
Thus ,
- Let the monthly income of A be 8i
- Let the monthly income of B be 7i
Also given that , Their monthly expenditure ratio is 19:16
Thus ,
- Let the expenditure of A be 19e
- Let the expenditure of B be 16e
➠ Income - Expenditure = Savings ⚊⚊⚊⚊ ⓵
We assumed income to be 8i , expenditure to be 19e and given that A saves 1250 per months
- Income = 8i
- Expenditure = 19e
- Savings = 1250
: ➜ 8i - 19e = 1250 ⚊⚊⚊⚊ ⓵
⟮ Multiplying equation ⓵ by 7 ⟯
: ➜ 7(8i - 19e) = 1250 × 7
: ➜ 56i - 133e = 8750 ⚊⚊⚊⚊ ⓶
We assumed income to be 7i , expenditure to be 16e and given that B saves 1250 per months
- Income = 7i
- Expenditure = 16e
- Savings = 1250
: ➜ 7i - 16e = 1250 ⚊⚊⚊⚊ ⓷
⟮ Multiplying equation ⓷ by 8 ⟯
: ➜ 8(7i - 16e) = 1250 × 8
: ➜ 56i - 128e = 10000 ⚊⚊⚊⚊ ⓸
⟮ Equation ⓸ - ⓶ ⟯
: ➜ 56i - 128e -(56i - 133e) = 10000 - 8750
: ➜ 56i - 128e - 56i + 133e = 1250
: ➜ 5e = 1250
: ➜
: ➜ e = 250 ⚊⚊⚊⚊ ⓹
⟮ Putting e = 250 from ⓹ to ⓷ ⟯
: ➜ 7i - 16e = 1250
: ➜ 7i - 16(250) = 1250
: ➜ 7i - 4000 = 1250
: ➜ 7i = 1250 + 4000
: ➜ 7i = 5250
: ➜
: ➜ i = 750
➠ 8i
- i = 750
: ➜ 8(750)
: : ➨ 6000
- Hence the income of A is Rs 6000
➠ 7i
- i = 750
: ➜ 7(750)
: : ➨ 5250
- Hence the income of B is Rs 5250
∴ The incomes of A & B are Rs 6000 & 5250 respectively