Math Problem Statement

A and B receive same amount of salary. A spends 1^3 on rent, 1^4 on food and 1^5 on education while B spends 1^3 on rent,1^5 on food and 2^5 on education.What fraction of salary is saved by A and B.

Solution

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Math Problem Analysis

Mathematical Concepts

Fractions
Arithmetic
Basic Algebra

Formulas

Sum of fractions: a/b + c/d = (ad + bc) / bd
Fraction subtraction: 1 - x = savings fraction

Theorems

Common Denominator Theorem for Adding Fractions

Suitable Grade Level

Grades 5-7