The annual incomes of Anand and Bharath are in the ratio 3:5 and their annual expenses are in the ratio 1:3. If each of them saves Rs. 10,000 at the end of the year, then the annual income of Bharath is:
- ARs. 25,000
- BRs. 12,000
- CRs. 15,000
- DRs. 30,000
Solution & Step-by-step Explanation
Let the annual incomes of Anand and Bharath be 3x and 5x respectively.
Let their annual expenses be 1y and 3y respectively.
We know that:
Income−Expenditure=Savings
For Anand:
3x−y=10000— (Equation 1)
For Bharath:
5x−3y=10000— (Equation 2)
From Equation 1, we can write:
y=3x−10000
Substitute this value of y into Equation 2:
5x−3(3x−10000)=10000
5x−9x+30000=10000
−4x=10000−30000
−4x=−20000
x=5000
Now, calculate the annual income of Bharath:
Bharath’s Income=5x=5×5000=Rs. 25,000
Let their annual expenses be 1y and 3y respectively.
We know that:
Income−Expenditure=Savings
For Anand:
3x−y=10000— (Equation 1)
For Bharath:
5x−3y=10000— (Equation 2)
From Equation 1, we can write:
y=3x−10000
Substitute this value of y into Equation 2:
5x−3(3x−10000)=10000
5x−9x+30000=10000
−4x=10000−30000
−4x=−20000
x=5000
Now, calculate the annual income of Bharath:
Bharath’s Income=5x=5×5000=Rs. 25,000