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

We are given the following details:

  • One year ago, the ratio of income between A and B was 3:53 : 5.
  • The ratio of last year’s income (LYI) to current year's income (CYI) is:
    • For A: 2:32 : 3
    • For B: 4:54 : 5
  • The total current income (CYI) of A and B combined is Rs.4300Rs. 4300.

Step 1: Let’s assume their last year's incomes

Let:

  • A’s last year income (LYI) = 3x3x
  • B’s last year income (LYI) = 5x5x

Step 2: Express current incomes using ratios

Using the given ratios of LYI to CYI:

  • For A: LYI to CYI is 2:32 : 3, meaning current income of A is 32\frac{3}{2} times their LYI: As CYI=32×3x=9x2A's \ CYI = \frac{3}{2} \times 3x = \frac{9x}{2}
  • For B: LYI to CYI is 4:54 : 5, meaning current income of B is 54\frac{5}{4} times their LYI: Bs CYI=54×5x=25x4B's \ CYI = \frac{5}{4} \times 5x = \frac{25x}{4}

Step 3: Sum of current incomes

The total current income of A and B is given as Rs. 4300, so: 9x2+25x4=4300\frac{9x}{2} + \frac{25x}{4} = 4300

Step 4: Solve the equation

To simplify, find a common denominator: 18x4+25x4=4300\frac{18x}{4} + \frac{25x}{4} = 4300 43x4=4300\frac{43x}{4} = 4300 Multiply both sides by 4: 43x=1720043x = 17200 Solve for xx: x=1720043=400x = \frac{17200}{43} = 400

Step 5: Find individual current incomes

  • A’s CYI = 9x2=9×4002=1800\frac{9x}{2} = \frac{9 \times 400}{2} = 1800
  • B’s CYI = 25x4=25×4004=2500\frac{25x}{4} = \frac{25 \times 400}{4} = 2500

Final Answer:

  • A's current income is Rs. 1800.
  • B's current income is Rs. 2500.

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Here are 5 related questions to expand on this:

  1. What would happen if A and B's income ratio last year was reversed?
  2. How would the calculation change if the total income was different?
  3. What if only one person’s income increased, how would we calculate that?
  4. Can we determine the percentage increase in their incomes from last year?
  5. How would this problem change if their current total income was given as a ratio?

Tip: When solving ratio problems, it's useful to convert ratios into algebraic expressions to simplify calculations.

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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