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Incomes of A and B are in the ratio 4 : ...

Incomes of A and B are in the ratio `4 : 3` and their annual expenses in the ratio `3 : 2`. If each saves Rs 60,000 at the end of the year, the annual income of A is:

A

Rs 1,20,000

B

Rs 1,50,000

C

Rs 2,40,000

D

Rs 3,60,000

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The correct Answer is:
To solve the problem step by step, let's denote the incomes and expenses of A and B using variables based on the given ratios. ### Step 1: Define the variables Let the incomes of A and B be: - Income of A = 4x - Income of B = 3x Let the expenses of A and B be: - Expense of A = 3y - Expense of B = 2y ### Step 2: Set up the equations based on savings According to the problem, both A and B save Rs 60,000 at the end of the year. The savings can be expressed as: - Savings of A = Income of A - Expense of A - Savings of B = Income of B - Expense of B This gives us the following equations: 1. \( 4x - 3y = 60,000 \) (for A) 2. \( 3x - 2y = 60,000 \) (for B) ### Step 3: Solve the equations We have two equations: 1. \( 4x - 3y = 60,000 \) (Equation 1) 2. \( 3x - 2y = 60,000 \) (Equation 2) Now, we can solve these equations simultaneously. #### Step 3.1: Multiply Equation 2 to eliminate y To eliminate y, we can multiply Equation 2 by 3: \[ 3(3x - 2y) = 3(60,000) \] This simplifies to: \[ 9x - 6y = 180,000 \quad \text{(Equation 3)} \] #### Step 3.2: Multiply Equation 1 to match coefficients of y Now, we multiply Equation 1 by 2: \[ 2(4x - 3y) = 2(60,000) \] This simplifies to: \[ 8x - 6y = 120,000 \quad \text{(Equation 4)} \] ### Step 4: Subtract Equation 4 from Equation 3 Now, we can subtract Equation 4 from Equation 3: \[ (9x - 6y) - (8x - 6y) = 180,000 - 120,000 \] This simplifies to: \[ x = 60,000 \] ### Step 5: Find the income of A Now that we have the value of x, we can find the income of A: \[ \text{Income of A} = 4x = 4(60,000) = 240,000 \] ### Final Answer The annual income of A is Rs 240,000. ---
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