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If a person earns $5000 and spends $3500, what percentage of his income does he
Practice Questions
Q1
If a person earns $5000 and spends $3500, what percentage of his income does he save?
20%
30%
40%
50%
Questions & Step-by-Step Solutions
If a person earns $5000 and spends $3500, what percentage of his income does he save?
Steps
Concepts
Percentage Calculation
– Understanding how to calculate a percentage based on income and savings.
Basic Arithmetic
– Performing subtraction to find savings and division to find the savings percentage.
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