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If a person saves 30% of his salary and his salary is $2000, how much does he sa

Practice Questions

Q1
If a person saves 30% of his salary and his salary is $2000, how much does he save?
  1. $500
  2. $600
  3. $700
  4. $800

Questions & Step-by-Step Solutions

If a person saves 30% of his salary and his salary is $2000, how much does he save?
Correct Answer: $600
  • Step 1: Identify the salary amount. The salary is $2000.
  • Step 2: Identify the percentage of the salary that is saved. The person saves 30%.
  • Step 3: Convert the percentage to a decimal. 30% as a decimal is 0.3.
  • Step 4: Multiply the salary by the decimal. Calculate 0.3 * 2000.
  • Step 5: Perform the multiplication. 0.3 * 2000 equals $600.
  • Step 6: State the amount saved. The person saves $600.
  • Percentage Calculation – Understanding how to calculate a percentage of a given amount.
  • Basic Arithmetic – Applying multiplication to find the result of the percentage calculation.
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