Last year, Harry saved $300 monthly. This year, he increased his monthly savings by 25%. How much more money will he be able to save this year compared to last year?
|
Savings |
Before |
100% |
Change |
+ 25% |
After |
125% |
100% → 300
1% → 300 ÷ 100 = 3
25% → 25 x 3 = 75
More monthly savings this year = $75
More savings this year compared to last year
= 12 x 75
= $900
Answer(s): $900