Use the following table to help answer the question below.
State
Single-Earner
2-Person
3-Person
4-Person
Florida
$41,226
$52,259
$58,574
$69,009
Georgia
$40,691
$55,258
$61,104
$68,502
Missouri
$39,645
$51,568
$60,371
$71,059
Texas
$38,940
$55,859
$59,222
$66,381
Virginia
$48,362
$65,122
$74,151
$85,939

A couple has one child. They live in Virginia and have a combined annual income of $91,215. The couple has a mortgage, a car loan, student loans, and credit card debt. When one of them loses their job, their monthly income is reduced by $3,200. If they felt the need to file for bankruptcy, which of the following statements is true?
a.
They could file for Chapter 7 bankruptcy and discharge all of their debt.
b.
They could file for Chapter 7 bankruptcy and discharge most of their debt.
c.
They could file for Chapter 13 bankruptcy and discharge all of their debt.
d.
They could file for Chapter 13 bankruptcy and discharge some of their debt.

Please select the best answer from the choices provided.

A
B
C
D

step-by-step explanation:

30% of $420 is 0.30($420) = $126 and $420 + $126 = $546.

or, 130% of $420 is 1.3($420) = $546.

notice that this is not the $600 original list price with which we started.

why doesn't this work?

the method does not work because 30% of $420 is not the same amount as the 30% of $600. it may seem obvious when stated this way, but it is a very common error made on problems of this type. we cannot just use the same percent and get back to the original amount because we are taking that percent of a different value.

to work problems of this type correctly, it is generally best to write an equation for the situation and then solve.

example: since (100% – 30%)(original price) = (sale price)

70% of the   (original price) is $420.

0.7x   = 420

equation image indicator

x = 600

the original cost was $600.

we may also solve this problem using the two-step method. working the problem in two steps requires us to use more algebra skills. we have to know that x = 1x (identity property of multiplicationtext annotation indicator) and that 1x – 0.3x = 0.7x (subtracting like terms). then we solve the problem as follows:

(original price) – 30%(original price) = sale price

x – 0.3x = 420

0.7x = $420

equation image indicator

x = 600

the original cost was $600.  

note that with both of the above methods we do obtain the correct original amount.

example: after a 5% pay raise, hermione is earning $22,680 per year. what was she earning before the pay raise?

105% of (original salary) = current salary

1.05x = 22,680

equation image indicator

x = 21,600

hermione earned $21,600 per year before the pay raise.

this is an example so maybe you will get how to at least do it!

i think the answer is b

replace   with   27   and simplify.

10 , 27 , 10 , 70 , 10 , 35 , 10 , 48

step-by-step explanation: