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If a person saves 15% of his monthly salary of $800, how much does he save?

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Question: If a person saves 15% of his monthly salary of $800, how much does he save?

Options:

  1. $120
  2. $100
  3. $80
  4. $60

Correct Answer: $120

Solution: 

Savings = 15% of $800 = 0.15 × 800 = $120.

If a person saves 15% of his monthly salary of $800, how much does he save?

Practice Questions

Q1
If a person saves 15% of his monthly salary of $800, how much does he save?
  1. $120
  2. $100
  3. $80
  4. $60

Questions & Step-by-Step Solutions

If a person saves 15% of his monthly salary of $800, how much does he save?
  • Step 1: Identify the monthly salary, which is $800.
  • Step 2: Determine the percentage to save, which is 15%.
  • Step 3: Convert the percentage to a decimal by dividing by 100. So, 15% becomes 0.15.
  • Step 4: Multiply the monthly salary by the decimal. Calculate 0.15 × 800.
  • Step 5: Perform the multiplication: 0.15 × 800 = 120.
  • Step 6: The amount saved is $120.
  • 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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