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A man earns $3000 a month. If he saves 25% of his income, how much does he save?

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Question: A man earns $3000 a month. If he saves 25% of his income, how much does he save?

Options:

  1. $500
  2. $600
  3. $700
  4. $750

Correct Answer: $500

Solution: 

Savings = 25% of 3000 = 0.25 × 3000 = $750.

A man earns $3000 a month. If he saves 25% of his income, how much does he save?

Practice Questions

Q1
A man earns $3000 a month. If he saves 25% of his income, how much does he save?
  1. $500
  2. $600
  3. $700
  4. $750

Questions & Step-by-Step Solutions

A man earns $3000 a month. If he saves 25% of his income, how much does he save?
  • Step 1: Identify the man's monthly income, which is $3000.
  • Step 2: Determine the percentage he saves, which is 25%.
  • Step 3: Convert the percentage to a decimal by dividing by 100. So, 25% becomes 0.25.
  • Step 4: Multiply the monthly income by the decimal. So, calculate 0.25 × 3000.
  • Step 5: Perform the multiplication: 0.25 × 3000 = 750.
  • Step 6: Conclude that the man saves $750 each month.
  • 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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