Question

Ryan and Sheila are preparing to get married. Sheila has a car payment of $297.00 per month, which is 9% of her monthly income. After they are married, Sheila knows that her car payment will only be 5% of their combined monthly income. How much money does Ryan make per month?

Answer 1

$2640

Explanation:

Sheila's car payment is 9% of her total income.

let i = total income

this equation can be used to represent the information :

9% x i = $297

to determine i, divide both sides of the equation by 9%

$297 / 0.09 = $3300

After the marriage, the car payment which is 3300 would be 5% of the combined income.

let c = combined income

5% x c = $297

c = $297 / 0.05 = $5940

Ryan's income = combined income - Sheila's income

$5940 - $3300 = $2640