Alice’s take-home pay last year was the same each month, and she saved the same fraction of her take-home pay each month. The total amount of money that she had saved at the end of the year was 6 times the amount of that portion of her monthly take-home pay that she did NOT save. If all the money that she saved last year was from her take-home pay, what fraction of her take-home pay did she save each month?
Choose the correct choice from the following options.
A) 1/7 B) 1/6 C) 1/5 D) 1/2 E) 1/3
Suppose the portion of her salary that she saved is X   and the remaining portion is Y   X+Y= total take home salary   given, 12X = 6Y   or 2X = Y   Total take-home salary= X+ 2X= 3X   hence, she saved 1/3-rd portion of her take home salary   1/3
<result>E</result>
Alice’s take-home pay last year was the same each month, and she saved the same fraction of her take-home pay each month. The total amount of money that she had saved at the end of the year was 6 times the amount of that portion of her monthly take-home pay that she did NOT save. If all the money that she saved last year was from her take-home pay, what fraction of her take-home pay did she save each month?