Victor Sanchez earns P 41,850 a month. If he saves 1/10 of his salary for children education, 1/20 for his car insurance and 1/15 for life insurance of his salary every month, how much can he saves in a month?
Answers
Answer:
Total earnings = 41850 (units)
money saved for education = 4185 (units)
money for car insurance = 41850/20 = 2092.5 (units)
money for life insurance = 41850/15 = 2790 (units)
money saved by him in a month = 41850 - (4185 + 2092.5 + 2790) (units)
= 41850 - 4185 - 2092.5 - 2790 (units)
= 37665- 4882.5
= 32782.5 (units)
Given:
Victor Sanchez earns P 41,850 a month. If he saves 1/10 of his salary for children education, 1/20 for his car insurance and 1/15 for life insurance of his salary every month
Find:
how much can he saves in a month?
Solution:
Total earnings = 41850 (units)
money saved for education = 41850 (units)
money for car insurance = 41850/20 = 2092.5 (units)
money for life insurance = 41850/15 = 2790 (units)
money saved by him in a month = 41850 - (4185 + 2092.5 + 2790) (units)
= 41850 - 4185 - 2092.5 - 2790 (units)
= 37665- 4882.5
= 32782.5 (units)