The incomes of Ramesh and Suresh are in the ratio of 5 : 7, and their expenditures are in the ratio of 1 : 2. If each of them saves ₹15,000, then what is Suresh's income?
Answer & explanation
Correct answer: option 2
Ramesh : Suresh
Income 5 : 7
Expenditure 1 : 2
⇒ As savings of both of them is same so, making the difference in their income and exp. ratio same, we multiply exp. with 2,
⇒ (1 : 2) x 2 = 2 : 4
⇒ Savings = (5 - 2) = 3 units = Rs. 15000
⇒ 1 unit = Rs. 5000
⇒ Income of Suresh = 7 x 5000 = Rs. 35000.