SOLUTION: Jan’s income is 5/8 that of Fran’s. Jan’s expenses are 1/2 of Fran’s expenses
and Jan saves 40% of her income. What percent of her income does Fran save?
(Assume that what is not
Algebra.Com
Question 251873: Jan’s income is 5/8 that of Fran’s. Jan’s expenses are 1/2 of Fran’s expenses
and Jan saves 40% of her income. What percent of her income does Fran save?
(Assume that what is not spent is saved.)
Answer by richwmiller(17219) (Show Source): You can put this solution on YOUR website!
I answered this yesterday by an example. We'll try a different approach today.
we know that Jan's expenses were 60 % of her income since her savings we 40%
we know that Jan's income was 5/8 of Fran's
and Jan's expenses were 1/2 of Fran's so we back track to Fran's
3/5*5/8*2=3/4=75% of Fran's income = Fran's expenses
So her "savings" are 25%
RELATED QUESTIONS
Jan’s income is 5/8 that of Fran’s. Jan’s expenses are 1/2 of Fran’s expenses,
and Jan... (answered by richwmiller)
Jan's father is four times as old as Jan. If Jan's father is 36, which of the following... (answered by user_dude2008)
I need help on this problem:
If Leni spends 1/3 of her income no rent and 1/4 on her... (answered by Alan3354)
Linda estimates that she spends 1/3 of her income on housing and utilities and 1/4 of her (answered by nerdybill)
Sarah spends 1/4 of her income for transportation, 1/6 of her income for food, and 1/3 of (answered by stanbon)
The ratios between the income and expenses of Gulzaib and Shahzaib are 4:5 and 2:3... (answered by stanbon)
Donivan Tech is offering her a full- time manage-ment position at a yearly salary of $... (answered by richwmiller)
Adam’s annual salary is RM120,000 and his total expenses is RM90,000. His salary... (answered by mananth)
Amy spends 45 percent of her monthly income on food and rent, 10 percent on... (answered by edjones)