Question

Isabella is paid £950 per month. Each month she spends 72% of her pay and saves the rest. How many months will it take Isabella to save £4788?​

Answer 1

1 1/2 year or 18 months

Explanation:

Isabella's monthly income = 950 pounds.

For one month:

She spends 72% of her pay

She then saves = 100-72% = 28%

So her Total save:

• (28/100) *(950) = 266 pounds

To save £266, Isabella needs 1 month

To save £4788 , Isabella needs:

• 4788/266 = 18 months =18/12 yr = 1 1/2 year