Finding Incomes of X and Y
Video Explanation
Question
The incomes of X and Y are in the ratio 8 : 7. Their expenditures are in the ratio 19 : 16. Each saves Rs 1250. Find their incomes.
Solution
Step 1: Let Variables
Let incomes of X and Y be \(8x\) and \(7x\) respectively
Let expenditures of X and Y be \(19y\) and \(16y\) respectively
Step 2: Use Saving Concept
Saving = Income − Expenditure
— For X:\[ 8x – 19y = 1250 \quad (1) \]
For Y:\[ 7x – 16y = 1250 \quad (2) \]
—Step 3: Solve Linear Equations
Multiply (2) by 8:\[ 56x – 128y = 10000 \quad (3) \]
Multiply (1) by 7:\[ 56x – 133y = 8750 \quad (4) \]
Subtract (4) from (3):\[ 5y = 1250 \]
\[ y = 250 \]
Substitute into (2):\[ 7x – 16(250) = 1250 \]
\[ 7x – 4000 = 1250 \]
\[ 7x = 5250 \]
\[ x = 750 \]
—Step 4: Find Incomes
Income of X: \[ 8x = 8 \times 750 = 6000 \]
Income of Y: \[ 7x = 7 \times 750 = 5250 \]
—Conclusion
\[ \text{Income of X} = 6000,\quad \text{Income of Y} = 5250 \]
Verification
X saving: \(6000 – 4750 = 1250\) ✔
Y saving: \(5250 – 4000 = 1250\) ✔