Question

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.​

Answer 1

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Answer 2

Answer:

Let monthly income be = x

total money given out =x/ 100

Elder sons gets = 20/100 × x/100 = x / 500

elder spend= 20%

Elder son saves - 80%

= 8/100× x/500 = 8 5× 125 =20

x =12,500 ans