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Marina86 [1]
3 years ago
7

Financial planners recommend that families save about 5% of their take-home pay. Ed and Sherrie save $90 each pay period from th

eir combined paychecks, which total $1200. What percent do Ed and Sherrie save?
Mathematics
1 answer:
Ratling [72]3 years ago
7 0

Answer:

Ed and Sheerie save 7.5%.

Step-by-step explanation:

This question can be solved using a rule of three.

Ed and Sherrie save $90 each pay period from their combined paychecks, which total $1200. What percent do Ed and Sherrie save?

How much of $1200 is $90? $1200 is 100% = 1, $90 = x. So

$1200 - 1

$90 - x

1200x = 90

x = \frac{90}{1200}

x = 0.075

Ed and Sheerie save 7.5%.

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