Answer:
$242
Step-by-step explanation:
His Gross income a month is $2400.
Now, we are told that his net income, after taxes have been taken out, is 80% of his gross income.
Thus;
Net income a month = 80% × 2400 = $1920
Now, Each month he deposits 10% of his net income plus an additional $50 into a savings account.
This means amount saved each month is = (10% × 1920) + 50 = 192 + 50 = $242
