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If a person saves 15% of his salary and his salary is $800, how much does he sav

Practice Questions

Q1
If a person saves 15% of his salary and his salary is $800, how much does he save?
  1. $100
  2. $120
  3. $150
  4. $180

Questions & Step-by-Step Solutions

If a person saves 15% of his salary and his salary is $800, how much does he save?
Correct Answer: $120
  • Step 1: Identify the salary amount. The salary is $800.
  • Step 2: Identify the percentage of the salary that is saved. The person saves 15%.
  • Step 3: Convert the percentage to a decimal. 15% as a decimal is 0.15.
  • Step 4: Multiply the salary by the decimal to find the savings. Calculate 0.15 * 800.
  • Step 5: Perform the multiplication. 0.15 * 800 equals $120.
  • Step 6: Conclude that the amount saved is $120.
  • Percentage Calculation – Understanding how to calculate a percentage of a given amount.
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