25.8k views
1 vote
Alice earns £450 in wages per month. She pays £200 in rent per month. Next month, • her wages will increase by 2% • her rent will increase by 5% She says “The increase in my wages will pay for the increase in my rent” Is she correct? You must show your working.

1 Answer

0 votes

Explanation:

Wages

£450

450 x 1.02 = 459

Rent

£200

200 x 1.05 = 210

wages increases by £9

rent increases by £10

No the increase in her wages will not fully pay for the increase in the rent

User Miklesw
by
8.1k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories