Answer:
12.5%
Step-by-step explanation:

= 12.5%
Percentage of total cost that is the payments= 12.5%
Let
x---------> amount of money saved by Mark
x---------> amount of money saved by Neil
we know that
x=y+258-------> equation 1
x/y=(7/4)-------> equation 2
substitute equation 1 in equation 2
(y+258) /y=7/4--------> 4*(y+258)=7*y------> 4y+1032=7y
7y-4y=1032--------> 3y=1032------> y=$344
x=344+258------>x=$602
the answer is
$602
1 1/2 can be rewritten as 3/2
Difference means subtraction
So we do:
3/2-1/4
To get the same denominator, we can multiply the first fraction by 2
6/4-1/4
Then we subtract the numerators and leave the denominator
So the final answer is 5/4 of 1 1/4
Hope this helps
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