Question

The ratio of Mr. Anil's monthly income to expenditure is 5:4. For Mr. Aman the same
figure is 3:2. Also, 4% of Aman's monthly income is equal to 7% of Anil's monthly
income. If Anil's monthly expenditure is 96,000 rupees
) Find Aman's annual income. (i) Savings made by Mr. Anil and Mr. Aman

Answer 1

Answer:

Aman's annual income 25,20,000

Anil's savings 24,000

Aman's savings 70,000

Step-by-step explanation:

Anil's monthly expenditure 96,000

The ratio of Anil's income to expenditure 5:4

Then Anil's monthly income (96,000/4)*5=24,000*5=1,20,000

Let aman's monthly income x

Then x*4%=1,20,000*7%

=>4x=1,20,000*7

=>x=2,10,000

Aman's annual income (2,10,000*12)=25,20,000

Savings made by Anil's (1,20,000-96,000)=24,000

Aman's (2,10,000-((2,10,000/3)*2))

=2,10,000-(70,000*2)

=2,10,000-1,40,000

=70,000