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Ethan always saves 60% of his salary. If his salary decreases by 15% , his savings will decrease by $270. How much is Ethan's original salary?

Question

Ethan always saves 60% of his salary. If his salary decreases by 15% , his savings will decrease by $270. How much is Ethan's original salary?
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Solution 1

Step 1: Let's denote Ethan's original salary as X.

Step 2: We know that Ethan saves 60% of his salary, so his savings are 0.60X.

Step 3: If his salary decreases by 15%, his new salary becomes 0.85X.

Step 4: His savings would also decrease proportionally, so his new savings would be 0.60 * 0.85X Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.

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