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3 votes
Nina and Nathan are creating a budget so they can afford paying all their billsand save to move to a nicer apartment. They decide that the ratio of spendingto saving needs to be 7:3. Last month their bills totaled $3975.20. Theymanaged to save $1,248.00. What was their actual spending ratio? At thisrate, will they meet their goal?

User Theduck
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1 Answer

3 votes

The ratio of spending to savings needs to be 7:3.

The actual spending ratio is 3,975.20 : 1,248.00.

In order to reach the goal, the actual spending ratio must the lower than the decided spending ratio.

3,975.20 : 1,248.00 < 7:3.

Dividing the ratios:

3.18 < 2.33

Since 2.33 is not greater than 3.18, they will not reach their goal at this rate.

User Manit
by
6.4k points
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