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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 = ?
Answer & Solution
Correct Answer:
Option
D
| 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
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