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Income of A and B is Rs. 5000 and Rs. 3000 respectively. The value of their expenditure is same, and the ratio of their savings is 5 : 1, What will be the expenditure of A?
Rs. 2800
Rs. 1750
Rs. 2500
Rs. 1500
Rs. 2400
- Given, the income of A is Rs. 5000 and the income of B is Rs. 3000.
- Both A and B have the same expenditure, denoted as E.
- Savings for A = Income of A - Expenditure = 5000 - E
- Savings for B = Income of B - Expenditure = 3000 - E
- The ratio of their savings is given as 5 : 1.
- So, (5000 - E) / (3000 - E) = 5 / 1
Let's solve the equation:
$$ 5(3000 - E) = 5000 - E $$
$$ 15000 - 5E = 5000 - E $$
$$ 10000 = 4E $$
$$ E = 2500 $$
- Therefore, the expenditure of A is Rs. 2500.
- Answer: Option 3 - Rs. 2500
By: Parvesh Mehta ProfileResourcesReport error
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