Last year, Julian saved $300 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% → 300
1% → 300 ÷ 100 = 3
10% → 10 x 3 = 30
More monthly savings this year = $30
More savings this year compared to last year
= 12 x 30
= $360
Answer(s): $360