Wang Yong owes the bank $8500. To repay the debt, he paid a fixed amount back to the bank each month. After 12 months, his remaining debt was $6460. How much did Wang Yong pay each month?

Answer:

$170

Step-by-step explanation:

Given that:

Amount owed = $8500

Fixed amount replayed per month :

Amount left after 12 months = $6460

Amount paid per month :

Total amount paid over 12 months :

$(8500 - 6460) = $2040

Amount paid per month :

$2040 / 12

= $170

3 0

2 years ago

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20% of city employees ride the bus to work. This is up 10% from last year. What percent of employees rode the bus to work last y

Pepsi [2]

Answer:

18.18% of employees rode the bus to work last year

Step-by-step explanation:

This question can be solved using a rule of three.

Last year, a proportion of x employees riding the bus was 100% = 1.

This year, 20% = 0.2 ride the bus, which is 100 + 10 = 110% = 1.1 of last year.

0.2 - 1.1

x - 1

$1.1x = 0.2$

$x = \frac{0.2}{1.1}$

$x = 0.1818$

0.1818*100 = 18.18%

18.18% of employees rode the bus to work last year

4 0

2 years ago