Well we know that 10 and 3/4 is equivalent to 10.75. If we divide the meat into 8 equal packages we have to divide 10.75 by 8. Dividing 10.75 by 8 gives us 1.34375 pounds of meat per package. If we take that, and multiply it by our given value of $3.40 per pound, we end up getting $4.57 a package.
First you need to find the common denominator. Think of a number that both 2 and 5 can go in to evenly. 10 is the best number, so, make both denominators 10. What you do to the bottom, you must do to the top.
Now your equation is 5/10-2/10
Your answer is 3/10
If 24 of the 60 were saved then the percent saved is
(24/60) x 100
Let's imagine for a second that all 60 was saved, then 100% of the money would be saved. Which makes sense, because
(60/60) x 100 = 100%
So the amount saved dived by the amount earned all times 100 is the percent saved.