The ratios of the monthly incomes and monthly expenditures of A and B are 5 : 6 and 4 : 5, respectively. If both of them have ₹500 as monthly savings, what is the income of A?
A
₹3,000
B
₹500
C
₹5,000
D
₹2,500
Correct Option:
D
Explanation
Let A and B's incomes be 5x and 6x, and their expenditures be 4y and 5y. Since each saves ₹500:
5x-4y=500
6x-5y=500.
Subtracting gives x-y=0, so x=y. Putting this into the first equation: