2. Lucy earns P 1,525.00 a week. She sets aside 15% of this for savings.
How much does she save in a year? (Hint: 1 year = 52 weeks).
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Answers
unhealthy the grand old man replied in his old times all land was free........ there was no
money.men lived on their own labour in his grandson's and son's time men started
grabbing others' land....... depended on others' labour........didn't live according to God's law and
were miserable.
Given: Lucy's earning per week = Rs. 1,525
Amount set aside by her for savings = 15% of 1,525
To find: Her savings in a year
Solution: According to the given question,
Amount earned by Lucy in a week = Rs. 1,525
Amount set aside for savings in a week = 15% of 1,525
= × 1525
= Rs. 228.75
Amount saved by her in 1 year i.e., 52 weeks = 52 x amount saved in one week
= 52 x 228.75
= Rs. 11,895
Hence, she can save Rs. 11,895 in one year.