In Rockford public schools, teachers with a degree in education earn $90,000 a year, $12,000 more than those without. In the last month, six teachers with a degree in education have been hired and four Rockford teachers have been awarded their first degree in education, raising the average yearly earnings of Rockford teachers from $86,000 to $87,000.
How many Rockford teachers have a degree in education?
Let the number of Rockford teachers having a degree in education be x.
Salary of Rockford teachers having a degree in education = $90,000
Salary of Rockford teachers NOT having a degree in education = $90,000 - $12,000 = $78,000
Average yearly earnings of Rockford teachers = $86,000
Ratio of Rockford teachers having a degree in education to Rockford teachers NOT having a degree in education = (86000-78000)/(90000-86000) = 8/4 = 2:1
The number of Rockford teachers NOT having a degree in education = x/2
In the last month, six teachers with a degree in education have been hired and four Rockford teachers have been awarded their first degree in education, raising the average yearly earnings of Rockford teachers from $86,000 to $87,000.
New Rockford teachers having a degree in education = 6
Rockford teachers getting a degree in education = 4
Average yearly earnings of Rockford teachers = $87,000 = (x/2-4)$78,000 + (x+6+4)*$90,000 / (3x/2+6)
39,000x - 3,12,000 + 90,000x + 9,00,000 = 1,30,500x + 5,22,000
x = 44
Initial number of teachers with an education degree =
44Current number of teachers with an education degree = 44 + 6 + 4 =
54IMO E