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 and savings made by Mr. Anil and Mr. Aman
Answers
Answer:
Aman's annual income is 210,000 rupee.
Anil's saving is 24,000
Aman's saving is 70,000
Step-by-step explanation:
Since, The ratio of Mr. Anil's monthly income to expenditure is 5:4,
Let Anil's monthly income = 5x and his expenditure = 4x
Where x is any number.
Similarly, Let Aman's monthly income = 3y and expenditure = 2y
Where y is any number.
According to the question,
4% of 3y = 7% of 5x
12 y = 35x
Anil's monthly expenditure = 96,000 rupees
That is, 4 x = 96,000
x = 24,000
⇒ 12 y = 35 × 24000
⇒ y = 70,000
Thus, Aman's annual income = 3 × 70,000 = 210,000 rupee.
Anil's saving = 5x - 4x = x = 24,000
Aman's saving = 3y - 2y = y = 70,000
Answer:
Since, The ratio of Mr. Anil's monthly income to expenditure is 5:4,
Let Anil's monthly income 5x and his expenditure = 4x
Where x is any number.
Similarly, Let Aman's monthly income = 3y and expenditure = 2y
Where y is any number.
According to the question,
4% of 3y = 7% of 5x
12 y = 35x
Anil's monthly expenditure = 96,000 rupees
That is, 4 x = 96,000
x = 24,000
=>12 y = 35 x 24000
=>y = 70,000
Thus, Aman's annual income = 3 x 70,000 = 210,000 rupee.
Anil's saving = 5x - 4x = x = 24,000
Aman's saving= 3y-2y= y = 70,000
Step-by-step explanation:
I hope it helps