Question

Max makes $3000 a month. He puts 15% in saving each month. After a year how much would he have in savings?

Answer 1

Step-by-step explanation:

15%of3000=450

Yearly saving=450×12=5400

Answer 2

After a year, he would have Rs. 5400 in savings.

Step-by-step explanation:

Since we have given that

Income = $3000

Rate of savings = 15%

So, Amount of saving would be

$\dfrac{15}{100}\times 3000\\\\=0.15\times 3000\\\\=450$

So, In a year, amount of saving would be

$450\times 12=5400$

Hence, After a year, he would have Rs. 5400 in savings.

# learn more:

Rajeev saves ₹3000 during the first month , ₹3500 during second month and ₹4000 during the third month for giving qyality to his children in future. Find how much money would he save in 2 years

https://brainly.in/question/7856495