Question

Value Corner
20 workers in a factory have set up their own bank. Each saves 300 per month and put it in the bank.
(a) How much money does the group collect each month?
(b) How much money will be collected in 15 years?
What do you learn from this?
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Answer 1

Answer:

6000, 1080000

Step-by-step explanation:

1 worker saves 300 per month

20 workers save 300 × 20 per month

= 6000 per month

1 worker saves 300 in 1 month

1 worker saves 300×12 in 12 months( 1 year)

= 3600

1 worker saves 3600 × 15 in 15 years.

= 54000

therefore,

20 workers save 54000 × 20 in 15 years

= 1080000 in 15 years.

HOPE THIS WILL HELP YOU.

Answer 2

Answer:

in 1 month worker collect 20×300=6000

in 15 yrs they collect 300×12×15

=54000