Last year, Tommy saved $100 monthly. This year, he increased his monthly savings by 15%. How much more money will he be able to save this year compared to last year?
|
Savings |
Before |
100% |
Change |
+ 15% |
After |
115% |
100% → 100
1% → 100 ÷ 100 = 1
15% → 15 x 1 = 15
More monthly savings this year = $15
More savings this year compared to last year
= 12 x 15
= $180
Answer(s): $180