The incomes of A and B are in the ratio 3:5 and their savings are ₹14,000 and ₹20,000, respectively. If the ratio of their expenditures is 4:7, then the income (in ₹) of A is:
- A54,000
- B57,000
- C42,000
- D60,000
Solution & Step-by-step Explanation
Let the incomes of A and B be 3x and 5x, respectively.
We know that:
Expenditure=Income−Savings
Expenditure of A = 3x−14000
Expenditure of B = 5x−20000
The ratio of their expenditures is given as 4:7:
5x−20000
3x−14000
=
7
4
Cross-multiply to solve for x:
21x - 98000 = 20x - 80000
$$
Now, find the income of A:
We know that:
Expenditure=Income−Savings
Expenditure of A = 3x−14000
Expenditure of B = 5x−20000
The ratio of their expenditures is given as 4:7:
5x−20000
3x−14000
=
7
4
Cross-multiply to solve for x:
21x - 98000 = 20x - 80000
$$
Now, find the income of A: