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Date Posted:
5 years ago
Do not understand where the 1.2 came from.
1.2 is the same as 120%. So multiplying by 1.2 gives you the new expenditure, which is 20% more than the previous month
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Date Posted:
5 years ago
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Since an increase of expenditure by 20% causes a reduce in savings by 10%, this means that 20% of savings is equal to 10% of savings. Using the expenditure given in the question, find 20% of that to get 10% of savings. Continue by finding the full savings and then add the 2 to get the salary.
Date Posted:
5 years ago
Your working is clear and easy to understand. Got it thanks!