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The ratio of annual income of mr.and Mrs Grayson is 4:3 and their annual expenditure is 3:2.if each of them saves TZS 1000000per year find their annual income?
The ratio of annual income of mr.and Mrs Grayson is 4:3 and their annual expenditure is 3:2.if each of them saves TZS 1000000per year find their annual income?
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Dec 3, 2023
Let's assume that Mr. Grayson's annual income is 4x and Mrs. Grayson's annual income is 3x.
According to the given ratio, their annual expenditure is 3:2. So, Mr. Grayson's annual expenditure is 3y and Mrs. Grayson's annual expenditure is 2y.
We know that each of them saves TZS 1000000 per year. So, Mr. Grayson's savings is 4x - 3y = 1000000 and Mrs. Grayson's savings is 3x - 2y = 1000000.
From the above equations, we can write: 4x - 3y = 1000000 ...(1) 3x - 2y = 1000000 ...(2)
To solve these equations, we can multiply equation (1) by 2 and equation (2) by 3 to eliminate y: 8x - 6y = 2000000 ...(3) 9x - 6y = 3000000 ...(4)
Subtracting equation (3) from equation (4), we get: 9x - 8x = 3000000 - 2000000 x = 1000000
Substituting the value of x in equation (1), we get: 4(1000000) - 3y = 1000000 4000000 - 3y = 1000000 -3y = 1000000 - 4000000 -3y = -3000000 y = -3000000 / -3 y = 1000000
Therefore, Mr. Grayson's annual income is 4x = 4(1000000) = 4000000 TZS. And Mrs. Grayson's annual income is 3x = 3(1000000) = 3000000 TZS.