Results 1 to 2 of 2

Thread: Real life math help needed - how much rent to pay based on your income

  1. #1
    Newbie
    Joined
    Apr 2019
    From
    London
    Posts
    1

    Exclamation Real life math help needed - how much rent to pay based on your income

    My boyfriend and I are moving in together and want to split the rent we pay proportionally to how much we earn.

    I earn 24000 a year and my boyfriend earns 34000 a year. Our rent is 865 monthly so annually 10,380.

    We want to pay each a proportional amount of rent to the amount we earn.

    Please can someone help me in the math I need to do to work this out - I hated math at school so am lacking in skills require to solve this.

    Thanks in advance!!
    Follow Math Help Forum on Facebook and Google+

  2. #2
    MHF Contributor
    Joined
    Oct 2009
    From
    Brisbane
    Posts
    1,232
    Thanks
    455

    Re: Real life math help needed - how much rent to pay based on your income

    Ok. So you need to split the rent in the ratio 24000:34000 = 24:34 = 12:17.


    So you need to pay $\displaystyle \frac{12}{29}$ of the rent and your boyfriend has to pay $\displaystyle \frac{17}{29}$ of the rent.


    Monthly, you pay $\displaystyle \frac{12}{29} * 865 = 357.93$ and he pays $\displaystyle \frac{17}{29}*865 =507.07$.

    Good luck with the move!
    Follow Math Help Forum on Facebook and Google+

Similar Math Help Forum Discussions

  1. Replies: 5
    Last Post: Dec 19th 2012, 03:30 PM
  2. Replies: 3
    Last Post: Aug 7th 2011, 10:30 PM
  3. Real life problem My life plz help
    Posted in the Math Topics Forum
    Replies: 1
    Last Post: Sep 30th 2010, 02:44 AM
  4. Performance based income: piecework
    Posted in the Algebra Forum
    Replies: 1
    Last Post: Mar 14th 2009, 02:52 PM
  5. Real Life Math help needed now!
    Posted in the Algebra Forum
    Replies: 2
    Last Post: Jun 6th 2008, 03:12 PM

/mathhelpforum @mathhelpforum