LadyKasa
Answered

At Westonci.ca, we provide reliable answers to your questions from a community of experts. Start exploring today! Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

Thaddeus shakes his head as he pays $12.37 to the clerk for lunch. Complaining to a friend, Thaddeus says, “Do you realize that is 0.2% of my monthly income?” His friend replies, “I think you made a mistake. That should be 2%. You messed up on the decimal point.” (a) Assuming Thaddeus is not wrong, what is his monthly income? (b) If Thaddeus’ friend is correct, what is Thaddeus’ monthly income?

Sagot :

Pretty simple question, just set up the equation.
A) say Thad is right then equation is as follows:
X * 0.002 = 12.37
Where X is monthly income.
So to solve for X just divide 12.37 by 0.002 (0.2%)
6185$ per month. Which no offense to Thad, but means he’s probably some kind of software engineer or investment banker if he’s making that much a month. (Unlikely for Thad)

B) if he’s wrong then just set up again
X * 0.02 = 12.37
Where x = monthly income
So x= $618.5
More likely given he’s complaining about a 12$ lunch when inflation has the yelp one ($) sign restaurants charging 15 or 16 just for a meal with tip and tax.
Anyways my rant aside hope this helps.
We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.