Question

A management consulting firm recommends that the ratio of middle-management salaries to management trainee salaries be 8:7. Using this recommendation, what is the annual middle-management salary if the annual management trainee salary is $17,000? (Round your answer to the nearest dollar.)

Answer 1

The management salary is $19,429

What is ratio?

Ratio is the quantitative relationship between two numbers which shows the number of times an amount or a number is contained within the other amount or number.

In this case, a ratio  of 8:7 shows the number of times the management salaries is contained within the management trainee salary

The management salary has a  value of 8 whereas the management trainee salary has a value of 7 as shown below:

salary ratio=management salary/management trainee salary

salary ratio=8/7

management salary=unknown(assume it is X)

management trainee salary=$17,000

8/7=X/$17,000

cross multiply

8*$17,000=7*X

X=8*$17,000/7

X=$19,429

The fact that annual management trainee salary is $17,000 means that the management salary is $19,429 annually.

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