Answer:
It will take Eric 10 weeks to save £1200
Explanation:
He makes £14 per hour, since he works for 38 hours per week,
That means that he makes (14)(38) = £532 per week
Since he saves 1/4 of his earnings, that gives us,
Savings per week = (1/4)(weekly earnings)
Savings per week = 1/4(532)
Savings per week = £133 (per week)
Now, we need to find the number of weeks till he saves £1200,
we have,
Total savings = (number of weeks)(Savings per week)
let n = number of weeks,
Total savings = n(Savings per week)
so,
1200 = n(133)
n = 1200/133
n = 9.0225
Now, since he will have less than 1200 in 9 weeks (the number is greater than 9 i.e 9.0225 > 9)
So, we round up to 10,
Hence it will take Eric 10 weeks to save £1200