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You have saved $40 for a video game and your parents will contribute some money. They said they will give you $1 for every $4 you save. How much have they contributed

User Xine
by
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1 Answer

7 votes

Answer:

They contributed $8

Explanation:

Given


Savings = \$40

Proportion of savings:
Parent = \$1
You = \$4

Required

Determine your parent contribution

From the question, we understand that, they contribute $1 when you save $1.

This means that the unit savings is:


Unit = \$4 + \$1


Unit = \$5

The parent contribution is then calculated as:


(Parent\ Proportion)/(Unit\ Savings) * Total\ Savings


= (\$1)/(\$5) * \$40


= (1)/(5) * \$40


= (1* \$40)/(5)


= (\$40)/(5)


= \$8

Hence, they have contributed $8

User Matt Ranney
by
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