A father gives 1% of his monthly income to his two sons as pocket money. The elder son gets 80% of the total amount of money given and he spends 80% of his share. If he saves 20 per month, determine father's monthly income.
Answers
Answered by
0
Answer:
two sons as pocket money. The elder son gets 80% of the total amount of money given and he spends 80% of his share. If he saves 20 per month, determine father's monthly
Answered by
1
Answer:
Let monthly income be x
Total money given out = 100x
elder son gets = 10020×100x=500x
elder son spends - 20%
elder son saves - 80%
⇒10080×500x=5×1258=20
x⇒12,500
Similar questions