Question

A man uses 1/8 of his salary after tax on
house rent and a 3/5 on transport, food and
other household items. He then reserves
5/8 of the remainder on leisure and
incidentals while saving the rest. If he
saves $37135 every month. How much is
his Salary after tax? (round to the nearest
whole number)​

Answer 1

Answer:

$360,534

Explanation:

The computation of the salary after tax is shown below:

Let us assume the salary be x

So 1 by 8 of x  = 0.125x

And, 3 by 5 of x = 0.6x

Now

X - (0.125x + 0.6x) = 0.275x

Balance = 0.275x

5 by 8 of 0.275x  = 0.172x

0.275x - 0.172x = 0.103x

Now

0.103x = $37135

So,

x = $360,534