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Crazy boy [7]
3 years ago
14

AKI-OLA publication annual income of 258,ooo

Mathematics
1 answer:
Svetradugi [14.3K]3 years ago
4 0

Answer:

(a) 19%

(b) 5:6

Step-by-step explanation:

Given: Gh 258,000

salaries Gh 49,020

training Gh 72,000

housing Gh 60,000

entertainment Gh 12,000

exigencies Gh 23,020

(a) Percentage of the income spent on salaries = \frac{amount of salaries}{total income} x 100

                           = \frac{49020}{258000} x 100

                           = 0.19 x 100%

                           = 19%

The percentage of the income spent on salaries is 19%.

(b) Ratio of amount for housing to amount for training = \frac{amount for housing}{amount for training}

                                = \frac{60000}{72000}

                                = \frac{5}{6}

The ratio of the amount for housing to the amount for training is 5:6

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