Question

If you earn $600 per month at your part-time job, and save 75% of that, how much

would you have saved after 1 year?

Answer 1

Answer: 5400 dollars

Step-by-step explanation: 600x.75 then 450x12

Answer 2

Saving after 1 year will be $5400.

Step-by-step explanation:

Given:

Earning in one month = $600

Saving in one month = 75 % of earning

To Find:

Need to calculate saving for the year.=?

Solution:

Lets first calculate saving for 1 month

saving in one month = 75 % of earning

=> Saving in one month = 75% of 600

=>
`(75)/(100)*600`=$450

So saving for 12 months = 12 x saving in one month = 12 x 450 = 5400

Saving in a year = saving in 12 months = $5400

Hence saving after 1 year will be $5400.