Last year, Simon saved $300 monthly. This year, he increased his monthly savings by 30%. How much more money will he be able to save this year compared to last year?
|
Savings |
Before |
100% |
Change |
+ 30% |
After |
130% |
100% → 300
1% → 300 ÷ 100 = 3
30% → 30 x 3 = 90
More monthly savings this year = $90
More savings this year compared to last year
= 12 x 90
= $1080
Answer(s): $1080