Mason always saves 25% of his salary. If his salary decreases by 10% , his savings will decrease by $241. How much is Mason's original salary?

Question

Mason always saves 25% of his salary. If his salary decreases by 10% , his savings will decrease by $241. How much is Mason's original salary?
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Solution 1

To solve this problem, we need to follow these steps:

  1. Let's denote Mason's original salary as X. Since Mason saves 25% of his salary, his savings amount to 0.25X.

  2. If his salary decreases by 10%, his new salary becomes 0.9X. Since he still saves 25% of his salary, his new savings amount to 0. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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