Question

Online

Homework
the and dec in a ratio
Q2- Dividing in a ratio
Miss Penny inherits $960.
She decides to save some of the
money and spend the rest.
This reduces the amount she has
to save in the ratio 7: 12
How much does she save and how
much does she spend?
Savings
$
Spending money $
[2]
[2]

Answer 1

The Ratio of saving to spending is 7:12
Total Inherits is $960

Let x = save

x = $960 * 7 /(7+12)
= $960 * 7 / 19
= $6,720 / 19
x = $ 353.68

Let y = spend
y = $960 * 12 / (7+12)
= $960 * 12 / 19
= $11,520 / 19
y = $606.32

Therefore Miss Penny's savings is $353.68 and her spending is $606.32