Anson pays $2000 for retirement fund, income tax and education fund each month. 30% of the payment goes to retirement fund. The
income tax is 80% of the retirement fund. The remaining goes to education fund, which represents 20% of his salary. How much does Anson earn each month?
2000 for RF and IT and EF per month... 30% goes to retirement.....0.30(2000) = 600 IT is 80% of RF.....0.80(600) = 480 remainder goes to EF.......2000 - (600 + 480) = 920 which represents 20% of his salary... 920 = 20% of salary (s) 920 = 0.20s 920/0.20 = s 4600 = s.........he earns 4600 per month <==
