Question

A man saves 25 by 2% of his salary. If he earns rs 1320 per month, how much does he save every year?

Answer 1

Salary saved by a man=25 by 2%

Money he earned=1320 Rs

Money saved by a man every year=25 by 2×100×14840

=5×371

=1855 Rs

So,the man saves Rs 1855 in a year.

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