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The ratio of the incomes of A and B last year was 9:10, respectively. The ratios of their individual incomes of the last year and the present year are 3:5 and 5:7, respectively. If their total income for the present year is 1,16,000. What is the present year income difference?

Question

The ratio of the incomes of A and B last year was 9:10, respectively. The ratios of their individual incomes of the last year and the present year are 3:5 and 5:7, respectively. If their total income for the present year is 1,16,000. What is the present year income difference?

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Solution

Step 1: Let's denote the incomes of A and B last year as 9x and 10x respectively.

Step 2: According to the problem, the ratio of A's income last year to this year is 3:5. So, if A's income last year was 9x, this year it would be (5/3)*9x = 15x.

Step 3: Similarly, the ratio of B's income last year to this year is 5:7. So, if B's income last year was 10x, this year it would be (7/5)*10x = 14x.

Step 4: The total income of A and B this year is given as 1,16,000. So, 15x + 14x = 1,16,000. Solving this equation gives x = 4000.

Step 5: Therefore, A's income this year is 15x = 154000 = 60,000 and B's income this year is 14x = 144000 = 56,000.

Step 6: The difference in their incomes this year is 60,000 - 56,000 = 4,000.

This problem has been solved

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