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Pand Q earn in the ratio 2:1. They spend...

Pand Q earn in the ratio 2:1. They spend in the ratio 5: 3 and save in the ratio 4: 1. Find the monthly income of each if the total monthly savings of both P and Q together is Rs 5000?

A

`14000,7000`

B

`10000,5000`

C

`2000,1000`

D

`8000,4000`

Text Solution

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The correct Answer is:
To solve the problem, we need to find the monthly incomes of P and Q based on the ratios of their earnings, spending, and savings, given that their total monthly savings is Rs 5000. ### Step-by-Step Solution: 1. **Define the Ratios**: - Let the earnings of P and Q be in the ratio of 2:1. - Let P's income = 2x - Let Q's income = x 2. **Define Spending Ratios**: - The spending of P and Q is in the ratio of 5:3. - Let P's spending = 5y - Let Q's spending = 3y 3. **Define Savings Ratios**: - The savings of P and Q are in the ratio of 4:1. - Let P's savings = 4z - Let Q's savings = z 4. **Relate Income, Spending, and Savings**: - We know that: - Income = Spending + Savings - For P: - \( 2x = 5y + 4z \) (1) - For Q: - \( x = 3y + z \) (2) 5. **Total Savings**: - The total savings of P and Q is given as Rs 5000: - \( 4z + z = 5000 \) - \( 5z = 5000 \) - \( z = 1000 \) 6. **Substitute z back into the savings**: - P's savings = \( 4z = 4 \times 1000 = 4000 \) - Q's savings = \( z = 1000 \) 7. **Substitute z into the equations to find y**: - From equation (2): - \( x = 3y + 1000 \) - Substitute \( z = 1000 \) into equation (1): - \( 2x = 5y + 4000 \) - Now we have two equations: - \( x = 3y + 1000 \) (3) - \( 2x = 5y + 4000 \) (4) 8. **Substituting equation (3) into equation (4)**: - Substitute \( x \) from equation (3) into equation (4): - \( 2(3y + 1000) = 5y + 4000 \) - \( 6y + 2000 = 5y + 4000 \) - \( 6y - 5y = 4000 - 2000 \) - \( y = 2000 \) 9. **Find x using y**: - Substitute \( y = 2000 \) back into equation (3): - \( x = 3(2000) + 1000 \) - \( x = 6000 + 1000 = 7000 \) 10. **Find P's and Q's incomes**: - P's income = \( 2x = 2 \times 7000 = 14000 \) - Q's income = \( x = 7000 \) ### Final Answer: - P's monthly income = Rs 14,000 - Q's monthly income = Rs 7,000 ---
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