Question

A payroll check is issued for $500.00. If 20% goes to bills, 30% of the remainder goes to pay entertainment expenses, and 10% of what is left is placed in a retirement account, then approximately how much is remaining?

Answer 1

Approximately $200 is remaining.
20% of 500 is 100.
30% of 500 is 150.
10% of 500 is 50.
$300 will be taken out, leaving $200 remaining.