Question

If A's income is 60% more than that of B by what percent B's income is less than A

Answer 1

Answer: B's income is 62.5% less than A's income.

Here's a step-by-step explanation:

Let's assume that the income of B is x.

According to the problem statement, A's income is 60% more than B's income, so the income of A can be calculated as follows:

                                  x + (0.6 * x) = 1.6x

To find the percentage by which B's income is less than A, we need to divide B's income by A's income. So, the calculation becomes:

                                          x / (1.6x)

To express the result as a percentage, we need to multiply by 100. So, the final calculation becomes:

                             x / (1.6x) * 100 = x / 1.6x * 100

Finally, we simplify the expression by canceling out x:

                                   100 / 1.6 * 100 = 62.5%

So, the answer is 62.5%, which means that B's income is 62.5% less than A's income.

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