Question

When jeremy gets his allowance he agrees to save part of it his savings and expenses are in the ratio of 7:5 if his daily allowance is $3,find how much he saves each day?

Answer 1

He saves $ 1.75 each day from his allowance.

Explanation

The ratio of his savings and expenses is  7 : 5

Lets assume, his savings = 7x dollar and his expenses is 5x dollar

Given that, his daily allowance is $3. So....

$7x+5x=3\\ \\ 12x=3\\ \\ x=\frac{3}{12}= \frac{1}{4}= 0.25$

So, the amount of his savings each day $=7x= (7*0.25)dollar= 1.75 dollar$