Answered: A man spends 5/8 of his money on rent,…

A man spends 5/8 of his money on rent, and 5/16 of the remainder on electricity. If the final balance remaining is N550, find how much was spent on rent .

Algebra for College Students

10th Edition

ISBN:9781285195780

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter2: Equations, Inequalities, And Problem Solving

Section2.S: Summary

Problem 5S

See similar textbooks

Related questions

Q: you invested $7000 between two accounts playing 5% and 9% annual interest, respectively. if the…

A: Given data: The total amount invested in the accounts is: x+y=$70000. The rate of interest on…

Q: A sales person at a clothing store sells $2,480 worth of clothing in one week. If she is paid…

Q: You invested $6000 between two accounts paying 2% and 8% annual interest, respectively. If the…

Q: A car was purchased for $32 500, and its value depreciated annually by 16%. Find the value of the…

Q: You invested $3000 between two accounts paying 7% and 8% annual interest, respectively. If the total…

Q: You invested $ 4000 between two accounts paying 6 % and 8 % annual interest, respectively. If the…

A: It is given that $4000 was invested between two accounts paying 6% and 8% annual interest.

Q: Mohammed invested RO 7000 at 5.5% simple interest per year and some amount at 4% ? If his total…

Q: You invested $11,000 in two accounts paying 5% and 8% annual interest. If the total interest earned…

A: Let in 5% I have invested x and in 8% I have invested (11000-x) So total interest earned is:

Q: A car purchased for $25,700 depreciates at a constant rate of 3% each year. How long will it take…

A: given P=25700r=-3%=-3100=-0.03 (-ve sign because of depreciates)A=P(1+r)t A=25700(1-0.03)t…

Q: A man invested $20,000 into two accounts paying 5% and 10% simple interest per year. If he earned…

Q: Every month, Jeremy spent 1/10 of the salary on transport and 1/5 of it on food. He gave 1/2 of the…

A: first we need to obtain the equation corresponding to the given statements and by solving the…

Q: Monthly, Juan's net earnings are $8,000, and expenses are $7,500. If Juan saves the difference, how…

A: Monthly details: Juan's net earnings = $8,000 Juan's net expenses = $7,500 difference = $8,000…

Q: Megan has a job where she has a take-home salary each month of $1800. If Megan wants to spend no…

A: Given Megan has a take-home salary each month of $1800 And Megan can spend maximum 25% We have to…

Q: On an investment of OMR 50,000, Salim receives OMR 65,000 after one year. If Salim invested OMR…

Q: R

A: This is the problem of ratio-proportion, commonly asked in general aptitude questions. Suppose,…

Q: You invested $13,000 in two accounts paying 7% and 8% annual interest, respectively. If the total…

A: Given total amount invested=$ 13000Let x be invested at 7%then (13000-x) is invested at 8%Total…

Q: How long will it take for P 46, 450.00 to earn an interest of P14, 000 invested at 13.5% simple…

A: To solve the given question we shall use the following formula…

Q: A new truck sells for $48,000. If it depreciates at the rate of 18% per year, how old will it be…

A: The depreciation formula is given by; W=C(1-d100)n where C is the current worth and w is the worth…

Q: A person inherited $30,000 and invested the money in two accounts that earned 8.5% and 10% simple…

Q: You inherited a house worth $650,000 today. If the value increases by 4% each year, what would the…

A: given: we inherited a house worth $650,000 today. If the value increases by 4% each year, we have to…

Q: f $6000 is deposited into an account earning simple interest at an annual interest rate of 3% for 5…

A: Given Amount = P = $6000 Time = t = 5 years rate = r = 3%

Q: Morgan works at the grocery store for 3 hours on Friday after school and for 8 hours on Saturday. If…

A: Given: Morgan works at the grocery store for 3 hours on Friday and 8 hours on Saturday. And he is…

Q: A bank loaned out $120000 part of it at the rate of 8% per year and the rest at rate of 12% per…

A: topic - percentage

Q: A Tesla Model Xsells for $104,350; if the car depreciates or loses 17% of its value each year. How…

A: Given that the depreciation rate = 17% = 0.17 So the depreciation factor = 1 - 0.17 =0.83 So after…

Q: Marie makes a base monthly salary of 10,000.00 and gets 5% of her total sales. If Marie got a total…

A: Base monthly salary = 10000.00 Total salary she got = 15000.00 Bonus money she get due to sale she…

Q: A bank loaned out $7,500, part of it at the rate of 3% annual interest, and the rest at 8% annual…

Q: You invested $18,000 in two accounts paying 7% and 8% annual interest, respectively. If the total…

A: Solution:

Q: Aaron was offered a job that paid a salary of $47,000 in its first year. The salary was set to…

A: NOTE: Refresh your page if you can't see any equations. . the first-year salary is $47000 so take…

Q: For every 20 tables Melanie waits on she makes $40 dollars in tips, how much would she make in tips…

A: Given data: For every 20 tables Melanie waits on she makes $40 dollars in tips. Therefore, for one…

Q: A bank loaned out $11,500, part of it at the rate of 15% annual interest, and the rest at 6% annual…

Q: the smiths brought a apartment for 75000. assuming that the value of the apartment will appreciate…

A: Current value, P = 75000Appreciation Rate, R = 4.3%Time, T = 7 yearsAmount after 7 years = P1 +…

Q: you invested $4000 between two accounts paying 2% and 5% annual interest, respectively. if the total…

A: the amount of $4000 is invested between two accounts paying 2% and 5% annual interest, respectively.…

Q: one man received 15% more then the other man when they shared an inheritance of $4300 how much did…

A: One man received $2000, another man received $2300

Q: A customer at a restaurant leaves $80 on the table to pay for the food, a 15% tip, and 8% sales tax.…

A: Given: A customer at a restaurant leaves $80 on the table to pay for the food, a 15% tip, and 8%…

Q: In planning her retirement, Liza deposits some money at 2.5%interest, with twice as much…

Q: A customer at a restaurant leaves $80 on the table to pay for the food, a 15% tip, and 8% sales tax,…

A: Let x is the cost of the food, The customer has paid total $80 which is inclusive of tip of 15%…

Q: A bank loaned out $29,000, part of it at the rate of 8% annual interest, and the rest at 9% annual…

A: we know that the total amount loaned was $29000 let the one part loaned be x and the other part of…

Q: You invested $23,000 in two accounts paying 4% and 7% annual interest, respectively. If the total…

A: $23,000 in two accounts paying 4% and 7% annual interest. The total interest earned for the year…

Q: A bank loaned out $28,500, part of it at the rate of 15% annual interest, and the rest at 7% annual…

A: We know that x% annual interest of y means, interest earn is y×x100.see below the calculation

Q: Each of the 25 students in Mr. McDonald's class sold 16 raffle tickets. If each ticket costs $15,…

A: 3. Given Data: The number of students in the class is: N=25 The number of tickets sold by each…

Q: Mathilda works as a real state agent in a company that sells condominium units. The pay she is to…

Q: The Smiths bought an apartment for $75,000. Assuming that the value of the apartment will appreciate…

A: Please see the answer in Step 2

Q: If Mr. Brown and his son together had $220, and Mr. Brown had 10 times asmuch as his son, how much…

A: Let son had = $x So Mr.Brown has= 10x They had total = x+10x=11x

Q: A computer shop charges Php15 for the first hour and Php10 for the succeeding hours. If Jacob pays…

A: Given: Charges for first hour = PhP 15 Charge per succeding hour = Php 10

Q: A medical insurance policy requires Ana to pay the first $100 of her hospital expense. The insurance…

Q: In planning her retirement, Liza deposits some money at 1.5% interest, with twice as much…

Q: You invested $16,000 in two accounts paying 6% and 9% annual interest, respectively. If the total…

A: The interest earned in first year with an investment of P, I = PR R is rate of interest

Q: A medical insurance policy requires Ana to pay the first $100 of her hospital expense. The insurance…

Q: A butcher sells 4 paunds of meat for $14. What is the price per pound

A: A butcher sells 4 pounds of meat for $14.

Q: you invested $3000 between two accounts paying 5% and 9 % annual interest, respectively. if the…

Question

A man spends 5/8 of his money on rent, and 5/16 of the remainder on electricity. If the final balance remaining is N550, find how much was spent on rent .

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps with 1 images

SEE SOLUTION Check out a sample Q&A here

Similar questions

Elliot has a landscape maintenance business. His monthly expenses are $1,100. If he charges $60 per job, how many jobs must he do to earn a profit of at least $4,000 a month?
Elise invests $4500 in an account that compounds interest monthly and earns 6%. How long will it take for her money to double?
In five years, Gloria’s bank account earned $2,400 interest at 5% simple interest. How much had she deposited in the account?
Susana invested a principal of $36,000 in her bank account that earned simple interest at an interest rate of 6.5%. How much interest did she earn in three years?
Christian has been offered a new job that pays $24,000 a year plus 3% of sales. For what total sales would this new job pay more than his current job which pays $60,000?
A chemistry teacher needs to mix a 30% salt solution with a 70% salt solution to make 20 qt of a 40% salt solution. How many quarts of each solution should the teacher mix to get the desired result?
has $8,000 to save for his daughter’s college education. He wants to divide it between one account that pays 3.2% interest per year and another account that pays 8% interest per year. How much should he invest in each account if he wants the interest on the total investment to be 6.5%?