Answer:
The money he will save if he earns $120.00 is $90.00.
Step-by-step explanation:
Given:
In the figure is the ratio of the savings and the earnings.
Now, to find out that how much savings will be if Miguel earns $120.00.
We need to get the percentage of the ratio of the earning and saving.
So, according to the table:
If he earns $10.00 then he saves $7.50.
[tex]\frac{7.50}{10}\times 100[/tex]
[tex]=0.75\times 100[/tex]
[tex]=75[/tex]
So, if Miguel earns $10.00 he save the 75% of it.
If he earns $50.00 then he saves $37.50.
As we calculate the percentage as the above process then the saving is 75% of the earning.
And, if he earns $150.00 and save $112.50 then it is also the 75% of the earning as mentioned above.
Now, to find the saving of the earning $120.00.
So, it will be 75% of the earning as we observe in the above case:
75% of $120.00
[tex]\frac{75}{100}\times 120[/tex]
[tex]=0.75\times 120[/tex]
[tex]=90[/tex]
Therefore, the money he will save if he earns $120.00 is $90.00.
