document.write( "Question 512838: Jim Lawler spends 28% of his income on housing, 15% on food, 11% on clothing, 15% on transportation, 11% on education, 7% on recreation, and saves the balance. If his savings amount to $266.50 per month, what are his monthly earnings. \n" ); document.write( "
Algebra.Com's Answer #342748 by Maths68(1474)![]() ![]() You can put this solution on YOUR website! Jim Lawler spends on Housing = 28% \n" ); document.write( "Jim Lawler spends on Food = 15% \n" ); document.write( "Jim Lawler spends on Clothing = 11% \n" ); document.write( "Jim Lawler spends on Transportation = 15% \n" ); document.write( "Jim Lawler spends on Education = 11% \n" ); document.write( "Jim Lawler spends on Recreation = 07% \n" ); document.write( "---------------------------------------------- \n" ); document.write( "Total Expenditure = (28+15+11+15+11+07)%=87% \n" ); document.write( "Total Saving = 100%-87%=13% \n" ); document.write( "His total saving is 13% which is $266.50 \n" ); document.write( "Let Jim monthly income is x \n" ); document.write( "13%x=266.5 \n" ); document.write( "13/100(x)=266.5 \n" ); document.write( "x=266.5(100/13) \n" ); document.write( "x=2050 \n" ); document.write( "His monthly earning is $2050\r \n" ); document.write( "\n" ); document.write( "Check \n" ); document.write( "Jim Lawler spends on Housing = 28% = 0.28*2050= $574 \n" ); document.write( "Jim Lawler spends on Food = 15% =0.15*2050=$307.50 \n" ); document.write( "Jim Lawler spends on Clothing = 11% = 0.11*2050=$225.50 \n" ); document.write( "Jim Lawler spends on Transportation = 15% =0.15*2050=$307.50 \n" ); document.write( "Jim Lawler spends on Education = 11% =0.11=2050=$225.50 \n" ); document.write( "Jim Lawler spends on Recreation = 07% = $143.5 \n" ); document.write( "Total Expenditure = (574+307.50+225.50+307+225.50+143.50)=1783.5 \n" ); document.write( "Jim Lawler saving = $266.50\r \n" ); document.write( "\n" ); document.write( "Total Earning = Saving + Expenditures \n" ); document.write( "Total Earning = 266.50+ 1783.50 = $2050\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |