Question

Miguel created the ratio table below to show how he uses the money he earns at work. How much money will he save if he earns 120 dollars?

Answer 1

96 dollars

Explanation:

The ratio of Miguel's savings to his earnings is 8: 10 = 40: 50 = 120: 150 is equal to ratio 4:5

If Miguel earns $120, then he will save 4/5 of his earnings.

This can be expressed as a ratio as follows:

Savings: Earnings = 4 : 5

This means that for every 4 units of savings, there are 5 units of earnings. In other words, the ratio of savings to earnings is 4 to 5.

In order to calculate the amount of money that Miguel will save; we can multiply the ratio by the amount of earnings.

In this case, the amount of earnings is $120, so the amount of money that Miguel will save is:

`\textsf{Savings} =( 4)/(5 )* 120 = 96` dollars

Therefore, He will save 96 dollars if he earns 120 dollars.