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the annual income and expenditure of jack and his wife mary are in the ratio of 5:3 and 3:1 repectively.if they decide to save equally and find a balance of rs.4000 at the end of the year their incomes were?
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- jack income=5x, expenditure=3x
wife income=3x, expenditure=x
they together save 4000 ,each 2000
jack save=5x-3x=2000 so x=1000
jack income=5x=5*1000= 5000 ans.
wife save 3x-x=2000 so x=1000
wife income=3x=3*1000=3000 ans. - 12 years agoHelpfull: Yes(17) No(0)
- let jack income is 5x and expenditure is 3x . and his wife income is 3y and y .he saves equally and total 4000. then 2x(jack's save) + 2y(wife's save) = 4000.
so 2x = 2000then x = 1000. and y=1000.
then income is 5000 and 3000. - 12 years agoHelpfull: Yes(4) No(0)
- income ratio 5x/3x
expenditure ratio 3y/1y
equal savings of 4000 for each..
thus
5x-3y=4000
3x-y=3000
solving simultaneously
x=2000.
thus income of jack=rs(5*2000)=rs 10000
and his wife's income=rs(3*2000)=rs 6000 - 12 years agoHelpfull: Yes(1) No(3)
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