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If a person's expenditure increased by 15% and their savings decreased from 24% to 22.5% of their income, by what percentage did their income increase?
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Step-by-step solution
13 stepsDefine original income, savings, and expenditure.
Let the original income be .
Original savings of .
Original expenditure .Define new expenditure and savings in terms of the new income.
Let the new income be .
The expenditure increased by .
New expenditure .
New savings of .Set up an equation for the new income.
The new income is the sum of the new expenditure and new savings:
Substitute the expressions from Step 2:
Solve for in terms of .
Subtract from both sides:
Divide by 0.775:
Calculate the percentage increase in income.
Percentage increase
The percentage increase of his income is .
Find the position vector of T, the mid-point of BL.
The position vectors are and .
Find the position vector of I, the mid-point of UL.
The position vectors are and .
Find the vector .
Find the magnitude of .
The magnitude of a vector is .
The magnitude of TI is .
Understand the problem.
The man takes an exact number of steps, whether his stride is 60 cm or 64 cm. This means the total width of the road must be a common multiple of 60 cm and 64 cm. To find the least width, we need to find the Least Common Multiple (LCM).
Find the prime factorization of 60 and 64.
Calculate the LCM of 60 and 64.
To find the LCM, take the highest power of all prime factors present in either number.
Convert the width to metres.
Since 1 metre = 100 cm:
The least width of the road is .
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