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The income of a and b are in the ratio 3:2 and their expenditure are in the ratio 5:3 if each save 1500 the the income of b?
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The income of a and b are in the ratio 3:2 and their expenditure are i...
Ratio of Income and Expenditure
Let's assume that the income of A and B is 3x and 2x respectively. Similarly, their expenditure can be assumed to be 5y and 3y respectively, where y is a common multiple.
Savings
It is given that each of them saves 1500. Therefore, the savings of A and B can be written as:
- Savings of A = Income of A - Expenditure of A = 3x - 5y = 1500
- Savings of B = Income of B - Expenditure of B = 2x - 3y = 1500
Equations and Solution
We can now write two equations based on the above information and solve for x and y:
- 3x - 5y = 1500
- 2x - 3y = 1500
Solving for x and y, we get:
- x = 2500
- y = 2200
Therefore, the income of B can be calculated as:
- Income of B = 2x = 2 * 2500 = 5000
Conclusion
Hence, the income of B is 5000.
Let's assume that the income of A and B is 3x and 2x respectively. Similarly, their expenditure can be assumed to be 5y and 3y respectively, where y is a common multiple.
Savings
It is given that each of them saves 1500. Therefore, the savings of A and B can be written as:
- Savings of A = Income of A - Expenditure of A = 3x - 5y = 1500
- Savings of B = Income of B - Expenditure of B = 2x - 3y = 1500
Equations and Solution
We can now write two equations based on the above information and solve for x and y:
- 3x - 5y = 1500
- 2x - 3y = 1500
Solving for x and y, we get:
- x = 2500
- y = 2200
Therefore, the income of B can be calculated as:
- Income of B = 2x = 2 * 2500 = 5000
Conclusion
Hence, the income of B is 5000.
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The income of a and b are in the ratio 3:2 and their expenditure are in the ratio 5:3 if each save 1500 the the income of b?
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The income of a and b are in the ratio 3:2 and their expenditure are in the ratio 5:3 if each save 1500 the the income of b? 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 in the ratio 3:2 and their expenditure are in the ratio 5:3 if each save 1500 the the income of b? 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 in the ratio 3:2 and their expenditure are in the ratio 5:3 if each save 1500 the the income of b?.
The income of a and b are in the ratio 3:2 and their expenditure are in the ratio 5:3 if each save 1500 the the income of b? 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 in the ratio 3:2 and their expenditure are in the ratio 5:3 if each save 1500 the the income of b? 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 in the ratio 3:2 and their expenditure are in the ratio 5:3 if each save 1500 the the income of b?.
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