Mark saves 20% of his income. When his income was decreased by 10%, his savings decreased proportionately to $162. What was his original income?
|
Savings |
Spending |
Total |
Before |
20% |
80% |
100% |
Change |
- 2% |
- 8% |
- 10% |
After |
18% |
72% |
90% |
New income after it was decreased by 10%
= 100% - 10%
= 90%
Decrease in savings
= 10% x 20%
=
10100 x 20%
= 2%
New savings in percentage
= 20% - 2%
= 18%
18% of the original income = 162
1% of the original income = 162 ÷ 18 = 9
100% of the original income = 10 x 9 = 900
Mark's original income = $900
Answer(s): $900