Step 1: Assume the incomes. Let the monthly incomes of A and B be \(7x\) and \(6x\) respectively.
Step 2: Assume the expenditures. Let the monthly expenditures of A and B be \(5y\) and \(4y\) respectively.
Step 3: Use the saving condition. Savings = Income – Expenditure.
- For A: \(7x - 5y = 600\)
- For B: \(6x - 4y = 600\)
Step 4: Form simultaneous equations. \[ 7x - 5y = 600 \quad ...(1) \] \[ 6x - 4y = 600 \quad ...(2) \]
Step 5: Simplify equations. From (2): \(6x - 4y = 600 \Rightarrow 3x - 2y = 300 \quad ...(3)\) Multiply (3) by 2: \[ 6x - 4y = 600 \] (Already the same form). Now solve (1): \[ 7x - 5y = 600 \] Multiply (3) by 5: \[ 15x - 10y = 1500 \] Multiply (1) by 2: \[ 14x - 10y = 1200 \] Subtract: \[ (15x - 10y) - (14x - 10y) = 1500 - 1200 \] \[ x = 300 \]
Step 6: Find incomes.
- Income of A = \(7x = 7 \times 300 = 2100\)
- Income of B = \(6x = 6 \times 300 = 1800\)
Step 7: Find sum. \[ \text{Total income} = 2100 + 1800 = 3900 \]
Step 8: Final Answer. \[ \text{Sum of incomes} = 2100 + 1800 = \boxed{3900} \]
Instead of solving two simultaneous equations from scratch, this method checks each option directly against the ratio conditions to see which sum of incomes is actually consistent with the given savings.
Only \(3900\) keeps the income ratio \(7:6\), the expenditure ratio \(5:4\), and the equal saving of Rupees 600 simultaneously true.
So the correct answer is 3900.
A company has $50{,}000$ preferred shares with dividend $20\%$ and $20{,}000$ common shares; par value of each share is ₹ 10. The total profit is $₹ 1{,}80{,}000$, of which $₹ 30{,}000$ is kept in reserve and the rest distributed to shareholders. Find the dividend percent paid to common shareholders.
A man buys apples at a certain price per dozen and sells them at eight times that price per hundred. What is his gain or loss percent?
In a collection of coins, the ratio of the number of 2-rupee coins to 5-rupee coins to 1-rupee coins is \(3 : 4 : 5\). If the total value of these coins is Rs. 18.75, how much money is represented by the 5-rupee coins?