Question

Josh, Amira and Lucas each earn the same monthly salary.

Each month,
Josh saves 27% of his salary and spends the rest of it
Amira spends of her salary and saves the rest of it
amount of salary Lucas saves: amount of salary he spends = 1:4
Work out who saves the most of their salary each month.
Show how you get your answer.

Answer 1

Josh saves the most at 27%

Explanation:

Josh saves 27% and spends 73% (100% - 27%)

Amira saves 1/4 and spends 3/4

1/4 is 25% and 3/4 is 75%

Lucas has a ratio of save:spend of 1:4

`(1)/(4) = (x)/(100) \\4x = 100\\ x = 25`

Lucas saves 25%

Josh saves the most at 27%