Question

Ivan saves 20% of his monthly paycheck for music equipment. He earned $335 last month. How much money did Ivan save for music equipment?

Answer 1

Ivan saved `$67` for music equipment.

Explanation:

If Ivan earned `$335`, the amount he saved (`x`) is `20%` of that. Hence:

`x=335xx20/100`

`x=335xx1/5`

`x=67`