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, find the percentage increase in Mr Tan's salary. Answer : ___
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Worked solution
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1. Form an equation based on the equal savings in both months
Let Mr Tan's salary in June be .
Savings in June = of
Salary in July =
Savings in July = of
Since the savings are the same:
2. Solve the equation to find the June salary
Mr Tan's salary in June was .
3. Calculate the percentage increase in his salary
Increase in salary =
Percentage increase =
Answer
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