Question

1. Ramon spends 2/5 of his monthly income on rent, 1/5 of his monthly income on utilities, and 3/4 of the amount remaining on food and recreation. Ramon saves the rest. If the amount he saves each month is $193.50, what is Ramon’s monthly income?

Answer 1

Answer:

2/5 + 1/5 = (3/5) rent and utilities

(3/4) of (2/5) = food and recreation

(3/4) of (2/5) = 3/10

Savings = (5/5) -(3/5) -(3/10) = 1/10

So, if he is saving $193.50 then monthly income = $1,935.00

***** DOUBLE-CHECK ********

Rent & Utilities = (3/5) * 1,935.00 = 1,161.00

food and recreation = 3/10 * 1,935.00 = 580.50

Savings = $193.50

Total = 1,161.00 + 580.50 + 193.50 = $1,935.00

Correct!!

Step-by-step explanation: