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Id A's monthly income is 25% more than B,the by what percentage the monthly income of B is less than A?
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Most Upvoted Answer
Id A's monthly income is 25% more than B,the by what percentage the mo...


Explanation:

Given: A's monthly income is 25% more than B's monthly income.

Let's assume B's monthly income is x.

Therefore, A's monthly income is 25% more than x, which means A's monthly income is:
1.25x

To find the percentage by which B's monthly income is less than A's monthly income, we can use the following formula:
Percentage = [(A - B) / A] * 100%
1. Substitute the values into the formula:
A = 1.25x
B = x
2. Calculate the difference between A and B:
A - B = 1.25x - x = 0.25x
3. Substitute the difference into the formula:
Percentage = [(0.25x) / 1.25x] * 100%
Percentage = (0.25 / 1.25) * 100%
Percentage = 0.2 * 100%
Percentage = 20%

Therefore, B's monthly income is 20% less than A's monthly income.
This means that B's monthly income is 20% less than A's monthly income.
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"Alan B. Krueger, first presented what is now widely known as the Great Gatsby Curve, which shows that the higher income inequality is in a society, the more difficult it is for a person to move outside the income class he or she was born into. The British epidemiologist Kate E. Pickett says outcomes such as mental and physical health, drug abuse, education, imprisonment, obesity, social mobility, trust and community, and child well-being are worse for the majority of people in countries where income inequality is high. Across societies, the richest 1% now hold a larger percentage of national income than ever before. What’s puzzling is that the latest research on attitudes toward inequality suggests that citizens in more unequal countries are less concerned about income inequality than those in more egalitarian countries. We also found that increasing an individual’s income only increased life satisfaction if their ranked position also improved. We also found that improvements in an individual’s income rank position bought more happiness in countries where top incomes were concentrated in the hands of a few. So, the more unequal the society, the more moving up the income ladder contributed to someone’s overall well-being.”Q. What could be inferred from the statement made by Kate?

"Alan B. Krueger, first presented what is now widely known as the Great Gatsby Curve, which shows that the higher income inequality is in a society, the more difficult it is for a person to move outside the income class he or she was born into. The British epidemiologist Kate E. Pickett says outcomes such as mental and physical health, drug abuse, education, imprisonment, obesity, social mobility, trust and community, and child well-being are worse for the majority of people in countries where income inequality is high. Across societies, the richest 1% now hold a larger percentage of national income than ever before. What’s puzzling is that the latest research on attitudes toward inequality suggests that citizens in more unequal countries are less concerned about income inequality than those in more egalitarian countries. We also found that increasing an individual’s income only increased life satisfaction if their ranked position also improved. We also found that improvements in an individual’s income rank position bought more happiness in countries where top incomes were concentrated in the hands of a few. So, the more unequal the society, the more moving up the income ladder contributed to someone’s overall well-being.”Q. What role does the statement “the more unequal the society, the more moving up the income ladder contributed to someone’s overall well-being” plays to the statement “improvements in an individual’s income rank position bought more happiness in countries where top incomes were concentrated in the hands of a few”?

"Alan B. Krueger, first presented what is now widely known as the Great Gatsby Curve, which shows that the higher income inequality is in a society, the more difficult it is for a person to move outside the income class he or she was born into. The British epidemiologist Kate E. Pickett says outcomes such as mental and physical health, drug abuse, education, imprisonment, obesity, social mobility, trust and community, and child well-being are worse for the majority of people in countries where income inequality is high. Across societies, the richest 1% now hold a larger percentage of national income than ever before. What’s puzzling is that the latest research on attitudes toward inequality suggests that citizens in more unequal countries are less concerned about income inequality than those in more egalitarian countries. We also found that increasing an individual’s income only increased life satisfaction if their ranked position also improved. We also found that improvements in an individual’s income rank position bought more happiness in countries where top incomes were concentrated in the hands of a few. So, the more unequal the society, the more moving up the income ladder contributed to someone’s overall well-being.”Q. Which of the following analogies are similar to “increasing an individual’s income only increased life satisfaction if their ranked position also improved”?

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Id A's monthly income is 25% more than B,the by what percentage the monthly income of B is less than A?
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