Question

The ratio of the income and savings of John is 5:2,

Q: Answer-The ratio of the income and savings of John is 5:2, respectively. If his expenditure increases by an...

ATQ, Let the income and saving of John be Rs. 5x and Rs. 2x, respectively. So, his expenditure 5x - 2x Rs. 3x His new expenditure 3x 0.5 times 2x Rs. 4x Since savings remain the same, therefore His new income 4x 2x Rs. 6x ATQ 6x - 5x 1000 Or, x 1000 So, his initial income 5x 5 times 1000 Rs.5000

respectively. If his expenditure increases by an amount which is equal to half of his initial savings and his income increases by Rs. 1,000, then his savings will remain the same. Find his initial income.

A Rs.6000

B Rs.5000

C Rs.5500

D Rs.3000

E None of these

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The ratio of the income and savings of John is 5:2,

Solution