Annual income of Amit and Veer are the ratio 3 : 2, while the ratio of their expenditure is 5 : 3. If at the end of the year each saves Rs. 1000. The annual income of Amit is = ?

Solution (By Examveda Team)

	Amit	:	Veer
Income	1	:	3
Expensex	5	:	3
Saving	1000	:	1000

∴ Income ⇒ expenses + Savings
$$\eqalign{ & \therefore \frac{{3x - 1000}}{{2x - 1000}} = \frac{5}{3} \cr & \Rightarrow 9x - 3000 = 10x - 5000 \cr & \Rightarrow x = 2000 \cr} $$
∴ Annual income of Amit is = 3x
= 3 × 2000
= Rs. 6000