The ratio of Last year income of A, B & C was 3 : 4 : 5. While the ratio of their Last year income to current year income is 4 : 5; 2 : 3 and 3 : 4 respectively. If their total current year income is Rs. 98500; Find the present income of A?
The ratio of Last year income of A, B & C was 3 : 4 : 5. While the ratio of their Last year income to current year income is 4 : 5; 2 : 3 and 3 : 4 respectively. If their total current year income is Rs. 98500; Find the present income of A?
(A) Rs. 22,400
(B) Rs. 22,500
(C) Rs. 22,600
(D) Rs. 22,700
Solution:We know that the incomes of A, B, and C were 3x, 4x, and 5x, respectively, last year. We will use the given ratios to calculate the change from last year to this year.
For A: Last : Current = 4 : 5Hence, Current income of A = 5/4 × 3x = 15x/4
For B: Last : Current = 2 : 3Hence, Current income of B = 3/2 × 4x = 6x
For C: Last : Current = 3 : 4Hence, Current income of C = 4/3 × 5x= 20x/3
Calculation of the Sum of Current Incomes:We know that:Current income of A + Current income of B + Current income of C = 98,500Hence,= 15x/4 + 6x + 20x/3= 98,500
Using the LCM of 12:= (45x + 72x + 80x)/12= 197x/12= 98,500= 197x= 98,500 × 12= 1,182,000= 197x= 6,000
Now we will calculate the current income of A:= 15x/4= 15 × 6000/4= 22,500