Income question, math?

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Income question, math?

Allie's income is five-eighths that of Basil's. Allie's expenses are one half those of Basil's, and Allie saves 40 percent of her income. What percentage of his income does Basil save?

2007-09-30 09:11:50 · 3 answers · asked by 1234 1 in Science & Mathematics ➔ Mathematics

3 answers

there's not enough info to answer this question, Basil might not want to save anything...

2007-09-30 09:22:08 · answer #1 · answered by Anonymous · 0⤊ 1⤋

Basil saves 25% of his income (ie...two-eighths of his income).

2007-09-30 16:33:24 · answer #2 · answered by Jean F 1 · 0⤊ 0⤋

Let Allie's income = x
Basil's income = 8x/5 = 1.6x
Allie's savings = .4x
Allie's expenses = .6x
Basil's expenses = 2*.6x = 1.2x
Basil's savings = 1.6x - 1.2x = .4x
Basil's saving rate = .4x/1.6x = 25%

2007-09-30 16:22:13 · answer #3 · answered by Steve A 7 · 0⤊ 0⤋