The monthly incomes of two friends, Chetan and Vipul, are in the ratio 5:7, and each of them saves ₹96,000 per month. If the ratio of their monthly expenditures is 2:4, find Chetan’s monthly income (in ₹).
The monthly incomes of two friends, Chetan and Vipul, are in the ratio 5:7, and each of them saves ₹96,000 per month. If the ratio of their monthly expenditures is 2:4, find Chetan’s monthly income (in ₹).
दो मित्रों, चेतन और विपुल, की मासिक आय क्रमश: 5:7 के अनुपात में है और इनमें से प्रत्येक ₹ 96000 प्रति माह बचाता है। यदि इनके मासिक व्यय का अनुपात 2 : 4 है, तो चेतन की मासिक आय (₹में) ज्ञात करें।
Detailed Solution & Logic
160000
Let the monthly incomes of Chetan and Vipul be $ 5x \text{ and } 7x \text{ respectively.} $
Let their monthly expenditures be $ E_C \text{ and } E_V. $
We know: Savings = Income − Expenditure
$ 5x - E_C = 96,000 E_C = 5x - 96,000 $
$ 7x - E_V = 96,000 E_V = 7x - 96,000 $
Ratio of expenditures: $ \text E_C : E_V = 2 : 4 = 1 : 2 $
So, $ \frac{E_C}{E_V} = \frac{1}{2} $
$ \frac{5x - 96,000}{7x - 96,000} = \frac{1}{2} $
$ 2(5x - 96,000) = 1(7x - 96,000) $
$ 10x - 192,000 = 7x - 96,000 $
$ 10x - 7x = -96,000 + 192,000 $
$ 3x = 96,000 $
$ x = 32,000 $
Chetan’s monthly income = $ 5x = 5 \times 32,000 = 160,000 $
=160,000 ₹
Similar Practice Questions
The monthly incomes of two friends Mohan and David, are in the ratio 5 : 8, respectively, and each of them saves ₹75,000 every month.
The monthly incomes of two friends Mohan and David, are in the ratio 5 :...
The ratio of the profit to the cost price of a product is 2 : 7 What is the ratio of its selling price to its profit?
The ratio of the profit to the cost price of a product is 2 :...
If 602 bananas were distributed among three monkeys in the ratio 1/2 : 1/3: 1/6. How many bananas will the first monkey get?
If 602 bananas were distributed among three monkeys in the ratio $\frac{1}{2} : \frac{1}{3} :...
Three partners invested in a business in the ratio of 6 : 1 : 5. They invested their capital for 7 months, 10 months and 8 months respectively. Find the ratio of their profits.
Three partners invested in a business in the ratio of 6 : 1 : 5....
The monthly incomes of two friends Gopal and Akshay are in the ratio of 5:7 respectively and each of them saves ₹93000 per month. If the ratio of their monthly expenditure is 2:4, then find the monthly income of Gopal (in ₹).
The monthly incomes of two friends Gopal and Akshay are in the ratio of 5:7...
In what ratio should sugar costing ₹36 per kg be mixed with sugar costing ₹13 per kg so that selling the mixture at ₹15.4 per kg gives a profit of 10%?
In what ratio should sugar costing ₹36 per kg be mixed with sugar costing ₹13...
In what ratio should sugar costing ₹38 per kg be mixed with sugar costing ₹55 per kg so that by selling the mixture at ₹57.20 per kg, there is a profit of 10%?
In what ratio should sugar costing ₹38 per kg be mixed with sugar costing ₹55...