Please show each step of the work and make answers legible L
Please show each step of the work and make answers legible.
Lois and Bob earn a combined annual income of $190,000. If Lois earns $54,000 per year more than Bob, what are their individual annual salaries?
Solution
Given that
Annual income of both Lois and Bob = $190,000
Lois earns $54,000 per year more than Bob
Let ,
Annual salary of Bob = x
Then
Annual salary of Lois = x + $54000
Hense,
x + x + 54,000 = $190,000
2x + $54,000 = $190,000
2x = $190,000 - $54,000
2x = $136,000
x = $136,000 / 2
x = $68,000
Therefore,
Annual salary of Bob x = $68,000
Annual salary of Lois = x + $54,000
= $68,000 + $54,000
= $122,000
Therefore,
Annual salary of Bob = $68,000
Annual salary of Lois = $122,000
