The monthly incomes of Ravi and Shiv are in the ratio 1 : 2 and their monthly expenditures are in the ratio 1 : 3. If each saves ₹4,000 per month, then find the monthly income of Shiv.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. rs. 16,000.
The monthly incomes of Ravi and Shiv are x and 2x respectively.
According to the question,
(x - 4000)/(2x - 4000) = 1/3
⇒ 3x - 12000 = 2x - 4000
⇒ x = 8000
Hence, the monthly income of Shiv = 2x = 2 × 8000 = 16000 Rs