Question

In May Mr. Lee's earings were 60 percent of the Lee family's total income. In June Mr. Lee earned 20 percent more than in May. If the rest of the family's income was the same both months, then, in June, Mrs.Lee's earnings were approximately what percent of the Lee Family's total income?

Answer 1

Answer: 64.29%

Step-by-step explanation:

Let the total earnings of the Lee family in May be x

Amount earned by Mr Lee in May = 60% of x = 0.6x

Amount earned by other family members in May = x - 0.6x (total earnings - Mr Lee's earnings) = 0.4x

Amount earned by Mr Lee in June = 20% more than what Mr Lee earned in May.

That is, amount earned by Mr Lee in June = 1.2 × 0.6x = 0.72x

Amount earned by other members of the family in June remains unchanged, that is = 0.4x

Total amount earned by the Lee family in June = 0.72x + 0.4x = 1.12x

Percentage of total earnings in June earned by Mr. Lee = (0.72x/1.12x) × 100% = 64.29%.

QED!