Question

Violet has a monthly salary of 3000 dollars. She spends 25% on her house loan. Of the remaining money, she wants to save 10% in her savings account. How much will she save?

• A. 300 dollars
• B. 225 dollars
• C. 750 dollars
• D. 250 dollars

Answer 1

The correct option is B 225 dollars

Violet's monthly salary = 3000 dollars

25% of the salary is used for the house loan.

Money needed for house loan
$=\frac{25}{100}\times 3000$

= 750 dollars

∴ Remaining money = 3000 – 750 = 2250 dollars

She wants to save 10% of the money in her savings account.

So, money saved in her savings account
$=\frac{10}{100}\times 2250$

= 225 dollars

Hence, Violet will add 225 dollars to her savings account.