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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 = ?
Answer & Solution
Correct Answer:
Option
C
| 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
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