Last year, Tommy saved $600 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% → 600
1% → 600 ÷ 100 = 6
25% → 25 x 6 = 150
More monthly savings this year = $150
More savings this year compared to last year
= 12 x 150
= $1800
Answer(s): $1800