Shayan save 45 rupees every month for one year at the end of the year he spends 30% of his savings to buy present to his sister how much did the present cost
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Answer :-
- The cost of the present is Rs 162.
Given :-
- Shayan saves Rs 45 every month.
- He spends 30% of his savings at the end of the year to buy a present for his sister.
To find :-
- The cost of the present.
Step-by-step explanation :-
Before finding the cost of the present, we have to find the savings made by Shayan in a year!
Amount of money saved by Shayan in a month = Rs 45.
We know that :-
- A year has 12 months.
Therefore,
Amount of money saved by him in 1 year = 45 × 12 = Rs 540.
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Now, as we know his savings, let's find the cost of the present!
- It has been given that at the end of the year, Shayan saved 30% of his savings to buy a present for his sister.
- His savings is Rs 540, so that means he spent 30% of Rs 540 on the present.
Finding 30% of 540 :-
Converting 30% into fraction,
Cutting off the zeroes,
Now let's multiply the remaining numbers since we can't reduce them anymore.
Multiplying 3 with 54,
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- 30% of Rs 540 is Rs 162.
Hence, the cost of the present is Rs 162.
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