Question

Rudy deposits 1/4 of his monthly salary into a saving account, pays bills with 1/2 of his salary, and uses the rest for miscellaneous expenses. In March, Rudy spent 237.50 on miscellaneous expenses, what was his monthly salary?

Answer 1

Rudy's total monthly salary is $950.00, which is determined by multiplying the amount spent on miscellaneous expenses, $237.50, by 4.

Step-by-step explanation:

The question involves solving for Rudy's total monthly salary based on his expenditures and savings. We know that Rudy deposits 1/4 of his monthly salary into a saving account, pays bills with 1/2 of his salary, and the remaining part, which is 1/4 of his salary, is spent on miscellaneous expenses amounting to $237.50. To find his total monthly salary, we can set up the equation 1/4 * Salary = 237.50. By solving this equation, we multiply both sides by 4 to get the Salary equals $950.00, which is the monthly salary Rudy earns.

Step-by-Step Explanation:

1. 
   
3. Let's call Rudy's monthly salary S.
4. 
   
6. Since Rudy spends 1/4 of his salary on miscellaneous expenses, and this is equal to $237.50, we can write this as (1/4) * S = 237.50.
7. 
   
9. To find S, we multiply both sides of the equation by 4: 4 * (1/4) * S = 4 * 237.50.
10. 
    
12. This gives us S = 950, which means Rudy's monthly salary is $950.00.