Question

Harry wants to buy a motorbike that costs £600.He saves 30% of his wages each month.Each month Harry earns £400.Calculate how many months it will take Harry to save enough money?

Answer 1

First, let's calculate how much money he saves each month, by calculating 30% of £400:

`(30)/(100)\cdot400=30\cdot4=120`

He saves £120 each month.

So, to reach the value of £600, the number of months needed is:

`(600)/(120)=5`

Therefore it will take 5 months to save enough money.