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| Math Central | Quandaries & Queries |
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Question from Tarique, a parent: John earns 15000 every month. He spends Rs. 8900 . What % of his salary does he save? |
Tarique,
John earns Rs. 15000 and spends Rs. 8900 so he saves Rs. 15000 - 8900 = 6100. As a fraction of his earnings that's 6100/15000 = 61/150 = 0.4067. To express this as a percentage multiply by 100 to get 40.67%.
Penny
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