SOLUTION: Erica puts 12% of his monthly paycheck in an IRA. If he invests $72 in his IRA, how much was his paycheck?
Let P = monthly pay
.12P =72
Divide both sides by .12
.12P/.
Algebra ->
Percentage-and-ratio-word-problems
-> SOLUTION: Erica puts 12% of his monthly paycheck in an IRA. If he invests $72 in his IRA, how much was his paycheck?
Let P = monthly pay
.12P =72
Divide both sides by .12
.12P/.
Log On
Question 117901: Erica puts 12% of his monthly paycheck in an IRA. If he invests $72 in his IRA, how much was his paycheck?
Let P = monthly pay
.12P =72
Divide both sides by .12
.12P/.12 = 72/.12
P = 600
Therefore, Erica's paycheck was $600.
Hope this helps,
misscrt Answer by misscrt(37) (Show Source):