Question

Pam works as an office administrator. She spends $7500 of her income on personal expenses each year. If this represents 18% of her salary, how much money does Pam earn in one year? Round your answer to the nearest whole dollar.

Answer 1

Answer: Pam earns $41,667 in one year.

Explanation:

Hi, to answer this question we have to write an equation:

Pam's salary (x) multiplied by the percentage represented by expenses (18%) in decimal form (divided by 100) must be equal to $7500.

Mathematically speaking:

x (18/100) = 7500

Solving for x:

x (0.18) = 7500

x = 7500/0.18

x = 41,667

Pam earns $41,667 in one year.

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