The monthly incomes of Mohit and Prakash are in the ratio 2: 3. Their monthly expenditures are in the ratio 3: 5. If each saves 5000 per month, then what is the sum of the monthly incomes of Mohit and Prakash?
Answer & explanation
Correct answer: option 2
Mohit : Prakash
Income 2 : 3
Expenditure 3 : 5
⇒ Making difference between Mohit and Prakash's income and exp. ratios similar , we multiply income ratio with 2,
⇒ (2 : 3) x 2 = 4 : 6
As savings are similar
⇒ 4 - 3 = 1
⇒ 1 unit = 5000
⇒ Sum of Income of Mohit and Prakash = (4 + 6) x 5000 = 10 x 5000 = Rs. 50,000