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 0.25*0.9X.

3. According to the problem, the difference between his original savings and his new savings is $241. So, we can set up the equation: 0.25X - 0.25*0.9X = $241.

4. Simplifying the equation gives: 0.025X = $241.

5. Solving for X, we get: X = $241 / 0.025 = $9,640.

So, Mason's original salary was $9,640.

Question

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 0.25*0.9X.

3. According to the problem, the difference between his original savings and his new savings is $241. So, we can set up the equation: 0.25X - 0.25*0.9X = $241.

4. Simplifying the equation gives: 0.025X = $241.

5. Solving for X, we get: X = $241 / 0.025 = $9,640.

So, Mason's original salary was $9,640.

Knowee AI · Accepted Answer

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 0.25*0.9X.

3. According to the problem, the difference between his original savings and his new savings is $241. So, we can set up the equation: 0.25X - 0.25*0.9X = $241.

4. Simplifying the equation gives: 0.025X = $241.

5. Solving for X, we get: X = $241 / 0.025 = $9,640.

So, Mason's original salary was $9,640.

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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