The incomes of X and Y are in the ratio of 8 : 7 and their expenditures are in the ratio 19 : 16. If each saves Rs 1250, find their incomes.
The incomes of X and Y are in the ratio of 8 : 7 and their expenditures are in the ratio 19 : 16. If each saves Rs 1250, find their incomes.
Let the income of be Rs and the income of be Rs.further let the expenditure of be and the expenditure of be respectively then,
Saving of $x=8 x-19 y$
Saving of $Y=7 x-16 y$
$8 x-19 y=1250$
$7 x-16 y=1250$
$8 x-19 y-1250=0 \cdots(i)$
$7 x-16 y-1250=0 \cdots(i i)$
Solving equation and by cross- multiplication, we have
$\frac{x}{(-19 \times-1250)-(-16 \times-1250)}=\frac{-y}{(8 \times-1250)-(7 \times-1250)}=\frac{1}{(8 \times-16)-(7 \times-19)}$
$\frac{x}{23750-20000}=\frac{-y}{-10000+8750}=\frac{1}{-128+133}$
$\frac{x}{3750}=\frac{y}{1250}=\frac{1}{5}$
$x=\frac{3750}{5}$
The monthly income of $X=8 x$
$$
\begin{aligned}
&=8 \times 750 \\
&=6000
\end{aligned}
$$
The monthly income of $Y=7 x$
$$
\begin{aligned}
&=7 \times 750 \\
&=5250
\end{aligned}
$$
Hence the monthly income of $X$ is Rs $R s .6000$
The monthly income of $Y$ is Rs Rs. 5250