The ratio of income of Anil and Mukesh is 2 : 3. The sum of their expenditure is Rs. 8000

The ratio of income of Anil and Mukesh is 2 : 3. The sum of their expenditure is Rs. 8000
Posted on 20-01-2023

Ques - The ratio of income of Anil and Mukesh is 2 : 3. The sum of their expenditure is Rs. 8000 and the amount of savings of Anil is equal to the amount of expenditure of Mukesh. What is the sum of their savings?

(a) 22,000

(b) 4,000

(c) 16,000

(d) 12,000

Solution - The ratio of income of Anil and Mukesh = 2 : 3

Let,

Income of Anil = 2x

Income of Mukesh = 3x

Expenditure of Anil = E1

Expenditure of Mukesh = E2

The sum of their expenditure = Rs. 8000

Saving = Income - Expenditure

Saving of Anil = 2x - E1

The amount of savings of Anil = the amount of expenditure of Mukesh

2x - E1 = E2

2x = E2 + E1

2x = 8000

x = 4000

Income of Anil = 2x

Income of Anil = 2 * 4000

Income of Anil = 8000

Income of Mukesh = 3x

Income of Mukesh = 3 * 4000

Income of Mukesh = 12000

Sum of Anil and Mukesh income = 8000 + 12000

= 20,000

Sum of Anil and Mukesh Expenditure = 8000

Sum of Anil and Mukesh Savings = Income - Expenditure

Sum of Anil and Mukesh Savings = 20,000 - 8000

Sum of Anil and Mukesh Savings = 12,000

Hence,

The correct answer is option (d) 12,000.