Let the incomes of the two persons be ₹9x and ₹7x, and their expenditures be ₹4y and ₹3y respectively.
Since each saves ₹5,000:
$$9x - 4y = 5000 \quad \text{...(1)}$$
$$7x - 3y = 5000 \quad \text{...(2)}$$
Solving by Elimination:
Multiply (1) by 3 and (2) by 4:
$$27x - 12y = 15000 \quad \text{...(3)}$$
$$28x - 12y = 20000 \quad \text{...(4)}$$
Subtract (3) from (4):
$$x = 5000$$
Substitute in (1): $9(5000) - 4y = 5000 \Rightarrow y = 10000$
Monthly incomes:
Source: Chapter 3, Section 3.3.2 (Elimination Method)
The question has two parts — forming equations and solving them — so both must be shown clearly. The incomes are expressed as $9x$ and $7x$ (not separately), which keeps the ratio 9:7 built in. Saving = Income − Expenditure, giving two equations. Use the elimination method to score full method marks; show each step. The examiner checks: correct equations (1 mark), correct method (1 mark), correct final incomes (1 mark).