Income of A and B are in the ratio 4 : 3 and their annual expenses are in the ratio 3 : 2. If each save Rs. 60000 at the end of the year, the annual income of A is = ?

A. Rs. 120000

B. Rs. 150000

C. Rs. 240000

D. Rs. 360000

Answer: Option C

Solution(By Examveda Team)

	A	:	B
Income	4x	:	3x
Expenses	3y	:	2y
Saving	6000	:	6000

Income = Expenses + Saving
$$\therefore \frac{{4x - 60000}}{{3x - 60000}} = \frac{3}{2}$$
⇒ 8x - 120000 = 9x - 180000
⇒ x = 60000
∴ Income of A = 4 × 60000 = 240000