Nick estimates that 50% of his income goes toward living expenses. Of the rest 50% goes to paying for his car and 25% of what is
left goes to. his other expenses. IF nick has $300 remaining at the end of the month how much does he earn?
1 answer:
Based on the amount that Nick is left with at the end of the month, the amount he earns is $2,400
<h3>What does Nick earn?</h3>
The amount of $300 that is left is 25% of 50% of Nick's income as the other 75% of the 50% went to paying for the car and other expenses.
25% of 50% is:
= 25% x 50%
= 12.5%
The amount Nick makes per month is:
= Amount remaining / Amount remaining in percentage terms
= 300 / 12.5%
= $2,400
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