Father's Annual Income Is $ \$2676 $. What Is The Monthly Salary Of The Father? (Note: There Are 12 Months In A Year.)
Understanding the Problem
In this problem, we are given the annual income of a father, which is $2676. We need to find the monthly salary of the father. To do this, we will use the concept of division, as we know that there are 12 months in a year.
Step 1: Understanding the Concept of Division
Division is a mathematical operation that involves sharing a certain quantity into equal parts. In this case, we want to share the annual income of the father into 12 equal parts, as there are 12 months in a year.
Step 2: Calculating Monthly Salary
To calculate the monthly salary, we will divide the annual income by 12.
Monthly Salary = Annual Income / 12
Step 3: Performing the Calculation
Now, let's perform the calculation using the given annual income of $2676.
Monthly Salary = $2676 / 12
Monthly Salary = $223
Conclusion
Therefore, the monthly salary of the father is $223.
Real-World Application
This problem can be applied in real-life scenarios, such as calculating the monthly salary of an employee based on their annual income. It can also be used to calculate the monthly expenses of a household based on the annual income of the family.
Tips and Variations
- To calculate the annual income from the monthly salary, we can multiply the monthly salary by 12.
- To calculate the weekly salary from the monthly salary, we can divide the monthly salary by 4.
- To calculate the daily salary from the monthly salary, we can divide the monthly salary by 30.
Practice Problems
- If the annual income of a person is $3000, what is their monthly salary?
- If the monthly salary of an employee is $2000, what is their annual income?
- If the weekly salary of a person is $500, what is their monthly salary?
Answer Key
- $3000 / 12 = $250
- $2000 * 12 = $24000
- $500 * 4 = $2000