Answer:
Saving after 1 year will be $5400.
Explanation:
Given:
Earning in one month = $600
Saving in one month = 75 % of earning
To Find:
Need to calculate saving for the year.=?
Solution:
Lets first calculate saving for 1 month
saving in one month = 75 % of earning
=> Saving in one month = 75% of 600
=>[tex]\frac{75}{100}\times600[/tex]=$450
So saving for 12 months = 12 x saving in one month = 12 x 450 = 5400
Saving in a year = saving in 12 months = $5400
Hence saving after 1 year will be $5400.
