Difficulty: Medium
Correct Answer: ₹ 6300
Explanation:
Introduction / Context:
When incomes and expenses are given in separate ratios and savings (income minus expense) are fixed, represent each with scaled variables and solve the resulting simultaneous equations. This is a classic linear system application in ratio problems.
Given Data / Assumptions:
Concept / Approach:
Write equations for each person: 7x − 5y = 300 and 3x − 2y = 300. Solve the system for x and y, then compute the first person’s income 7x.
Step-by-Step Solution:
Verification / Alternative check:
From (2), 3*900 − 2y = 300 ⇒ y = 1200. Expenses: 5y = 6000 and 2y = 2400. Savings: 6300 − 6000 = 300 and 2700 − 2400 = 300, consistent.
Why Other Options Are Wrong:
₹ 5400, ₹ 4500, ₹ 7500, ₹ 7000 do not satisfy both savings equations simultaneously.
Common Pitfalls:
Treating the same scaling variable for both income and expense ratios or incorrectly eliminating variables when solving the system.
Final Answer:
₹ 6300
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