Select the correct answerBetween two consecutive years my income are in the ratio of 2 : 3 and expenses in the ratio 5 : 9. If my income in the second year is Rs.45000 and my expenses in the first year is Rs.25000. My total savings for the two years is?OptionsRs.5,000Rs.10,000Rs.15,000Rs.20000

To solve this problem, we first need to find the income for the first year and the expenses for the second year.

1. Given that the income ratio between two consecutive years is 2:3 and the income in the second year is Rs. 45000, we can set up the equation 3x = 45000 to find the value of x, which represents the income for one part. Solving for x gives us x = 45000 / 3 = Rs. 15000. Therefore, the income in the first year is 2x = 2 * 15000 = Rs. 30000.

2. Similarly, given that the expenses ratio between two consecutive years is 5:9 and the expenses in the first year is Rs. 25000, we can set up the equation 5x = 25000 to find the value of x, which represents the expenses for one part. Solving for x gives us x = 25000 / 5 = Rs. 5000. Therefore, the expenses in the second year is 9x = 9 * 5000 = Rs. 45000.

3. Now, we can calculate the savings for each year by subtracting the expenses from the income. The savings in the first year is Rs. 30000 - Rs. 25000 = Rs. 5000 and the savings in the second year is Rs. 45000 - Rs. 45000 = Rs. 0.

4. Adding up the savings for the two years gives us Rs. 5000 + Rs. 0 = Rs. 5000.

So, the correct answer is Rs. 5,000.