Last year, Mark saved $800 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% → 800
1% → 800 ÷ 100 = 8
10% → 10 x 8 = 80
More monthly savings this year = $80
More savings this year compared to last year
= 12 x 80
= $960
Answer(s): $960