Question

After taxes, Olive brings home $2,800 per month. She has decided that she would like to set aside 15% of her income for savings. How much will Olive save each month?

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1 point
A. $360
B. $385
C. $408
D. $420

Answer 1

D. $420

Explanation:

You want to know the amount that is 15% of $2800.

Quantity

To find the amount that is 15% of $2800, multiply 15% by $2800.

0.15 × $2800 = $420

Olive will save $420 each month, choice D.

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Additional comment

"%" is equivalent to "/100", so 15% = 15/100 = 0.15.

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