Last year, Xavier saved $2000 monthly. This year, he increased his monthly savings by 10%. How much more money will he be able to save this year compared to last year?
|
Savings |
Before |
100% |
Change |
+ 10% |
After |
110% |
100% → 2000
1% → 2000 ÷ 100 = 20
10% → 10 x 20 = 200
More monthly savings this year = $200
More savings this year compared to last year
= 12 x 200
= $2400
Answer(s): $2400