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A man spends 92 percent of his income if he saves 220 find his income?
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A man spends 92 percent of his income if he saves 220 find his income?
Understanding the Problem
To find the man's income based on his savings and spending habits, we need to interpret the percentage of income he spends and what he saves.
Given Information
- The man spends 92 percent of his income.
- He saves 220.
Calculating the Income
1. Identify the Percentage Saved
- If he spends 92 percent of his income, then he saves the remaining percentage:
- 100% - 92% = 8%
2. Setting Up the Equation
- Let "I" represent his total income.
- Since he saves 8 percent of his income and that amount equals 220, we can write the equation:
- 0.08 * I = 220
3. Solving for Income
- To find the total income, divide both sides of the equation by 0.08:
- I = 220 / 0.08
- I = 2750
Conclusion
- The man's total income is 2750.
Final Summary
- He spends 92% of his income and saves 220.
- By calculating the percentage he saves (8%), we set up an equation to find his income.
- His total income amounts to 2750.
This method illustrates how to break down the problem into manageable steps to find the solution effectively.
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A man spends 92 percent of his income if he saves 220 find his income?
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