Problem 18

Question

Salaries A woman earns 15\(\%\) more than her husband. Together they make \(\$ 69,875\) per year. What is the husband's annual salary?

Step-by-Step Solution

Verified
Answer
The husband's annual salary is approximately $32,500.
1Step 1: Define Variables
Let the husband's annual salary be denoted by \( x \). Since the woman's salary is 15\( \% \) more than her husband, her salary can be expressed as \( 1.15x \).
2Step 2: Set Up the Equation
Together, their total annual salary is \( 69,875 \). Therefore, we can write the equation: \[ x + 1.15x = 69,875 \]
3Step 3: Combine Like Terms
Combine the terms for \( x \) in the equation: \[ 2.15x = 69,875 \]
4Step 4: Solve for the Husband's Salary
To find the husband's salary \( x \), divide both sides of the equation by 2.15: \[ x = \frac{69,875}{2.15} \]
5Step 5: Calculate the Value
Compute the division to find \( x \): \( x \approx 32,500 \). Therefore, the husband's annual salary is approximately \$32,500.

Key Concepts

EquationsVariablesPercentagesProblem-Solving
Equations
Equations are one of the fundamental building blocks of algebra. They provide a way to find unknown values when other information is known. In this problem, the equation we used was: \[ x + 1.15x = 69,875 \] This equation represents a real-world scenario involving salaries. The husband's annual salary is denoted by \( x \), and his wife's salary is expressed as \( 1.15x \), meaning it includes an additional 15\(\%\) on top of his salary. The goal is to solve for the value of \( x \), which represents the husband's salary. By setting up an equation, you can use algebra to resolve the unknown based on a total known value.
Variables
Variables in algebra are symbols, usually letters, that represent numbers we do not yet know. In our exercise, the variable \( x \) stands for the husband's salary. Variables are useful because they allow equations to be formulated and calculations to be performed to find these unknowns.
  • Use variables to represent quantities that can change or vary.
  • Substitute the values back into the equation to verify solutions.
By thinking of \( x \) as an empty placeholder, we focus on applying arithmetic to uncover its value, thus transforming the problem into a manageable task.
Percentages
Percentages are a way of expressing a number as a fraction of 100. They're crucial in scenarios like our exercise where comparisons between values are needed. The woman's salary is said to be 15\(\%\) more than her husband's. In mathematical terms, this means: \[ \text{Woman's Salary} = \text{Husband's Salary} + 0.15 \times \text{Husband's Salary} \] Which simplifies to: \[ 1.15x \] Percentages help to easily understand how one quantity relates to another and are fundamental in financial calculations, such as salary comparison and growth rates.
Problem-Solving
Problem-solving in mathematics is the process of finding solutions to complex or simple issues by applying mathematical knowledge. This exercise involves a few steps to correctly identify and solve the problem:
  • Understand what is being asked. We need to find the husband's salary.
  • Translate the situation into an equation using variables and percentages.
  • Solve the equation systematically by combining like terms and using arithmetic operations such as division.
  • Check if the solution is reasonable by considering the context.
By approaching problems step-by-step, you demystify them and make them more approachable, enhancing both your understanding and your confidence in tackling mathematical challenges.