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Potwd 15 NN Rs 07 S

- Holly Woods is an actress and Joe King is a comedian, with Joe's income being five-eighths of Holly's. Joe's expenses are half of Holly's. - Using variables to represent incomes and expenses, the solutions show that Joe saves 40% of his income while Holly saves 25% of hers. - Whether using one variable or two, the multiple solutions arrive at the same result - that Holly Woods saves 25% of her income.

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59 views2 pages

Potwd 15 NN Rs 07 S

- Holly Woods is an actress and Joe King is a comedian, with Joe's income being five-eighths of Holly's. Joe's expenses are half of Holly's. - Using variables to represent incomes and expenses, the solutions show that Joe saves 40% of his income while Holly saves 25% of hers. - Whether using one variable or two, the multiple solutions arrive at the same result - that Holly Woods saves 25% of her income.

Uploaded by

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Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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WWW.C E M C .U WAT E R LO O.

C A | T h e C E N T R E fo r E D U C AT I O N i n M AT H E M AT I C S a n d CO M P U T I N G

Problem of the Week


Problem D and Solution
Actress or Comedian - Dare to Compare
Problem
Holly Woods is a popular young actress and Joe King is an up and coming young comedian.
Joe has an income which is five-eighths of Hollys income. Joes expenses are one-half those of
Holly, and Joe saves 40% of his income. Determine the percentage of her income that Holly
Woods saves.

Solution
Solution 1 Using only one variable
Let h represent Hollys income. Then Joes income is 58 h.
Since Joe saves 40% of his income, his expenses are 100% 40% = 60% of his income.
60
58 h = 83 h.
Therefore, his expenses are 60% 58 h = 100
Joes expenses are one-half of Hollys expenses so Hollys expenses are twice Joes expenses.
Therefore, Hollys expenses are 2 38 h = 34 h = 0.75h = 75% of h. Since Hollys expenses are
75% of her income, she saves 100% 75% = 25% of her income.
Holly Woods saves 25% of her income.
Solution 2 Using two variables
Let x represent Hollys income and y represent her expenses.
Then Joes income is 58 x and his expenses are 12 y.
Since Joe saves 40% of his income, his expenses are 60% of his income.
1
5
y = 0.60 x
2
8
1
6
5
y =
x
2
10 8
1
3
y =
x
2
8
3
y =
x
4
Holly saves whatever is left of her income after expenses. Therefore Holly saves
3
1
x y = x x = x = 0.25x = 25% of x.
4
4
Holly Woods saves 25% of her income.

WWW.C E M C .U WAT E R LO O.C A | T h e C E N T R E fo r E D U C AT I O N i n M AT H E M AT I C S a n d CO M P U T I N G

Solution 3 Using two variables a bit differently


Let 8x represent Hollys income and 2y represent her expenses.
Then Joes income is 58 (8x) = 5x and his expenses are 21 (2y) = y.
Since Joe saves 40% of his income, his expenses are 60% of his income.
y = 0.60 5x
6
y =
5x
10
y = 3x
Holly earns 8x and her expenses are 2y so her savings are 8x 2y. We want the ratio of her
8x 2y
8x 2(3x)
2x
1
savings to her income,
=
=
= or 25% .
8x
8x
8x
4
Holly Woods saves 25% of her income.

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