Math Problem Statement

in june, mr tan saved 20% of his salary. In july, his monthly salary increased by $600 and he saved 15% of his new monthly salary. given that mr tan saved the same amount of money in both months, fine the percentage increase in mr tan's salary.

Solution

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Math Problem Analysis

Mathematical Concepts

Algebra
Percentage
Linear Equations

Formulas

Savings in June = 0.20x
New salary in July = x + 600
Savings in July = 0.15(x + 600)
Percentage Increase = (Increase in salary / Original salary) * 100

Theorems

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Suitable Grade Level

Grades 8-10