let’s Salary of Raymond is x
So (x * 40)/100 = 1375
x = $3437.5
So Savings = (3437.5 * 26)/100
=> $893.75
Raymond's house payment is $1375 per month. This is 40% of his monthly salary. If 26% of his monthly salary goes into his savings account, how much money does he save each month?
1 answer