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The income of A and B are are in the ratio 3 is to 2 and their expenditure in the ratio 5 is to 3 if each saves Rupees 1500 then B's income is?
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The income of A and B are are in the ratio 3 is to 2 and their expendi...
Ratio of Income and Expenditure
Given that the income of A and B are in the ratio 3:2 and their expenditure in the ratio 5:3.
Let the income of A and B be 3x and 2x respectively.
Let the expenditure of A and B be 5y and 3y respectively.
Savings of A and B
As per the question, each saves Rs. 1500.
Therefore, the savings of A and B are (3x - 5y) = 1500 and (2x - 3y) = 1500 respectively.
Simplifying the expressions, we get:
3x - 5y = 1500 ----(1)
2x - 3y = 1500 ----(2)
Solving the Equations
We can solve the above equations to find the values of x and y.
Multiplying equation (1) by 2 and equation (2) by 3, we get:
6x - 10y = 3000
6x - 9y = 4500
Subtracting the second equation from the first, we get:
-y = -1500
Therefore, y = 1500.
Substituting y = 1500 in equation (2), we get:
2x - 3y = 1500
2x - 3(1500) = 1500
2x - 4500 = 1500
2x = 6000
x = 3000
Therefore, the income of B is 2x = 2(3000) = Rs. 6000.
Given that the income of A and B are in the ratio 3:2 and their expenditure in the ratio 5:3.
Let the income of A and B be 3x and 2x respectively.
Let the expenditure of A and B be 5y and 3y respectively.
Savings of A and B
As per the question, each saves Rs. 1500.
Therefore, the savings of A and B are (3x - 5y) = 1500 and (2x - 3y) = 1500 respectively.
Simplifying the expressions, we get:
3x - 5y = 1500 ----(1)
2x - 3y = 1500 ----(2)
Solving the Equations
We can solve the above equations to find the values of x and y.
Multiplying equation (1) by 2 and equation (2) by 3, we get:
6x - 10y = 3000
6x - 9y = 4500
Subtracting the second equation from the first, we get:
-y = -1500
Therefore, y = 1500.
Substituting y = 1500 in equation (2), we get:
2x - 3y = 1500
2x - 3(1500) = 1500
2x - 4500 = 1500
2x = 6000
x = 3000
Therefore, the income of B is 2x = 2(3000) = Rs. 6000.
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The income of A and B are are in the ratio 3 is to 2 and their expenditure in the ratio 5 is to 3 if each saves Rupees 1500 then B's income is?
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The income of A and B are are in the ratio 3 is to 2 and their expenditure in the ratio 5 is to 3 if each saves Rupees 1500 then B's income is? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The income of A and B are are in the ratio 3 is to 2 and their expenditure in the ratio 5 is to 3 if each saves Rupees 1500 then B's income is? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The income of A and B are are in the ratio 3 is to 2 and their expenditure in the ratio 5 is to 3 if each saves Rupees 1500 then B's income is?.
The income of A and B are are in the ratio 3 is to 2 and their expenditure in the ratio 5 is to 3 if each saves Rupees 1500 then B's income is? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The income of A and B are are in the ratio 3 is to 2 and their expenditure in the ratio 5 is to 3 if each saves Rupees 1500 then B's income is? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The income of A and B are are in the ratio 3 is to 2 and their expenditure in the ratio 5 is to 3 if each saves Rupees 1500 then B's income is?.
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