Last week David spent 40 percent of his wages on recreation. This week, his wages are 5 percent less than last weekʼs wages and he spent 50 percent of his wages on recreation. The amount he spends on recreation this week is what percent of the amount he spent on recreation last week Select
A) 118.75%	B) 128.75%	C) 116.75%	D) 117.75%	E) 114.75%
Say David's wages last week were $100, so he spent  0.40*100= 
<gadget id="calculator"> 0.40*100</gadget>
<output>40</output>
$40 on recreation;   This week's wages is 0.95*100= 
<gadget id="calculator">0.95*100</gadget>
<output>95</output>
$95, so he spends   0.5*95= 
<gadget id="calculator">  0.5*95</gadget>
<output>47.5</output>
$47.5 on recreation;   47.5/40= 
<gadget id="calculator">47.5/40</gadget>
<output>1.1875</output>
1.1875, hence the amount he spends on recreation this week is 118.75% of the amount he spent on recreation last week:   40*1.1875= 
<gadget id="calculator">  40*1.1875</gadget>
<output>47.5</output>
47.5   118.75%nswer: 118.75%
<result>A</result>
Last week David spent 40 percent of his wages on recreation. This week, his wages are 5 percent less than last weekʼs wages and he spent 50 percent of his wages on recreation. The amount he spends on recreation this week is what percent of the amount he spent on recreation last week