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