The monthly incomes of A and B are ₹12000 and ₹8000 respectively. The ratio of their monthly expenditures is 5 : 3. If they save equal amount per month, then how much money does each of them save per month?
Answer & explanation
Correct answer: option 1
Ratio of expenditure = 5 : 3
Savings of A and B = 12000 - 5x, 8000 - 3x
According to the question,
12000 - 5x = 8000 - 3x
2x = 4000
x = 2000
Savings each A and B = 12000 - 5x = 12000 - 10000 = ₹2000