Question

Joan gets $1,000 paycheck each month. She saves $50 from each paycheck. What percent of her paycheck does Joan save?

Answer 1

Answer:

The percentage of paycheck Joan saves is 5%  .

Step-by-step explanation:

Given as :

The paycheck that Joan gets each months = x = $1,000

The money that Joan saves from each paycheck = y = $50

Let The percentage of paycheck Joan saves = z%

Now, According to question

The percentage of paycheck Joan saves = $\dfrac{\textrm money that Joan saves from each paycheck}{\textrm total paycheck money}$ × 100

Or, z = $\dfrac{y}{x}$ × 100

Or, z = $\dfrac{50}{1000}$ × 100

Or, z = 5%

So, The percentage of paycheck Joan saves = z = 5%

Hence,The percentage of paycheck Joan saves is 5%  . Answer