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Total income of Ramesh, Suresh and Preeti is ₹ 8,07,000. The percentages of their expenses are 75%, 80% and 90% respectively. If the ratio of their savings is 16 : 17 : 12, then find the annual saving of each of them.

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Let the annual income of Ramesh, Suresh and Preeti be ₹ x, ₹ y and ₹ z respectively. 

Total income of Ramesh, Suresh and Preeti = ₹ 8,07,000

∴ x + y + z = 807000 …(i)

Expense(%) Saving(%)
Ramesh  75% (100 -75) = 25%
Suresh 80% (100 - 80) = 20%
Preeti 90% (100 - 90) = 10%

∴ Savings of Ramesh = 25% of x 

= ₹ \(\frac{25x}{100}\)..(ii) 

Savings of Suresh = 20% of y 

= ₹ \(\frac{25y}{100}\)…(iii) 

Savings of Preeti = 10% of z 

= ₹ \(\frac{10z}{100}\)…..(iv) 

Ratio of their savings = 16 : 17 : 12 

Let the common multiple be k. 

Savings of Ramesh = ₹ 16 k … (v) 

Savings of Suresh = ₹ 17 k … (vi) 

Savings of Preeti = ₹ 12 k .. .(vii)

∴ z = 120k …(x) 

From (i), (viii), (ix) and (x), we get 

64k + 85k + 120k = 807000 

269k = 807000 

k = \(\frac{807000}{269}\)

k = 3000 

∴ Annual saving of Ramesh = 16k

 = 16 x 3000 

= ₹ 48,000 

Annual saving of Suresh = 17k

= 17 x 3000 = ₹ 51,000

 Annual saving of Preeti = 12k

 = 12 x 3000 

= ₹ 36,000 

The annual savings of Ramesh, Suresh and Preeti are ₹ 48,000, ₹ 51,000 and ₹ 36,000 respectively.

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