Question

A man saves 8% of his salary every mon. If he saves 288
month, what is his salary?

Answer 1

New monthly salary: $264.96

Explanation:

you would first change your percent into a decimal.

our given percent is 8% = 0.08

then after that multiple by the original principal

288 x 0.08

this equation will give you 23.04

next you would then have to subtract the given product from by the original principal once again.

288-23.04

this equation will then give you your sum of $264.96

as his new monthly salary.