The incomes of Ram and Shyam are in the ratio 4 : 3 and their expenditures are in the ratio 3 : 2. If each save Rs. 2500, then what are their incomes?
Answer & explanation
Correct answer: option 1
* Income - savings = Expenditure
Let Income of Ram & Shyam = 4R & 3R
ATQ,
⇒ \(\frac{4R - 2500}{3R - 2500}\) = \(\frac{3}{2}\)
⇒ 8R - 5000 = 9R - 7500
⇒ 1R = 2500
Now,
Income of Ram = 4 × 2500 = 10000/-,
Income of Shyam = 3 × 2500 = 7500/-