Given that Bill saves 1/8 of his $92 income, the amount of money he saves is $11.5.
How much does Bill saves?
Given that;
- Bill saves 1/8 of his income
- Bill's income is $92
- Amount saved by bill = ?
Let the amount saved by be be represented by the variable x.
Hence,
1/8 of Bill's income = Amount saved
1/8 × $92 = x
Multiply the numerators
x = 1/8 × $92
x = $92/8
Divide 92 by 8
x = $11.5
Given that Bill saves 1/8 of his $92 income, the amount of money he saves is $11.5.
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