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A person has $1500 and spends 30% of it. How much money does he have left?

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Question: A person has $1500 and spends 30% of it. How much money does he have left?

Options:

  1. $1050
  2. $1200
  3. $900
  4. $1000

Correct Answer: $1050

Solution:

Amount spent = 30% of 1500 = 0.3 × 1500 = $450. Amount left = 1500 - 450 = $1050.

A person has $1500 and spends 30% of it. How much money does he have left?

Practice Questions

Q1
A person has $1500 and spends 30% of it. How much money does he have left?
  1. $1050
  2. $1200
  3. $900
  4. $1000

Questions & Step-by-Step Solutions

A person has $1500 and spends 30% of it. How much money does he have left?
  • Step 1: Start with the total amount of money, which is $1500.
  • Step 2: Calculate 30% of $1500. To do this, multiply $1500 by 0.3 (which is the decimal form of 30%).
  • Step 3: Perform the multiplication: 0.3 × 1500 = $450. This is the amount spent.
  • Step 4: Subtract the amount spent from the total amount. So, $1500 - $450 = $1050.
  • Step 5: The final amount of money left is $1050.
  • Percentage Calculation – Understanding how to calculate a percentage of a given amount and how it affects the total.
  • Subtraction – Performing subtraction to find the remaining amount after spending.
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