Math Problem Statement

One year ago the ratio of income of A & B is 3 : 5. The ratio of their LYI to CYI is 2 : 3 and 4 : 5. If their total CYI is Rs. 4300. Find their present income individually?

Solution

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Math Problem Analysis

Mathematical Concepts

Ratios
Proportions
Algebra

Formulas

Income ratio formula: A's CYI = (3/2) * A's LYI
Income ratio formula: B's CYI = (5/4) * B's LYI
Total current income: A's CYI + B's CYI = Rs. 4300

Theorems

Ratio and Proportion

Suitable Grade Level

Grades 8-10