SOLUTION: Each month, John spends 2/5 of his income for food, 1/10 for clothing, 1/4 for housing, 1/20 for utilities, and deposits the remainder in his savings account. If he saves 4500 a mo
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Question 1098346: Each month, John spends 2/5 of his income for food, 1/10 for clothing, 1/4 for housing, 1/20 for utilities, and deposits the remainder in his savings account. If he saves 4500 a month, how much is his monthly income? Found 2 solutions by ikleyn, josgarithmetic:Answer by ikleyn(52781) (Show Source):
x - (2/5)x - (1/10)x - (1/4)x - (1/20)x= 4500
is your equation.
Solve for x. It will be your answer.
x - 0.4x - 0.1x - 0.25x - 0.05x = 4500,
0.2x = 4500 ====> x = = 22500.
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