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me_1234
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I'd like to check if my understanding for below question is correct, or if there is a better way to do this.
I wrote down equations where x is total monthly pay
Total saved = (12 * y)x, where y = total saved per month
Kept per month = k
12y = 3k
4y=k
4+1 = 5, so she saved 1/5 each month (answer D)
Alice's take home pay last year was the same each month, and she saved the same fraction of her take home pay each month. The total amount of money that she had saved at the end of the year was 3 times the amount of that portion of her monthly take home pay that she did not save. If all the money that she saved last year was from her take home pay, what fraction of her take home pay did she save each month?
A: 1/2
B: 1/3
C: 1/4
D: 1/5
E: 1/6
I wrote down equations where x is total monthly pay
Total saved = (12 * y)x, where y = total saved per month
Kept per month = k
12y = 3k
4y=k
4+1 = 5, so she saved 1/5 each month (answer D)
Alice's take home pay last year was the same each month, and she saved the same fraction of her take home pay each month. The total amount of money that she had saved at the end of the year was 3 times the amount of that portion of her monthly take home pay that she did not save. If all the money that she saved last year was from her take home pay, what fraction of her take home pay did she save each month?
A: 1/2
B: 1/3
C: 1/4
D: 1/5
E: 1/6
