Question

Mark receives $2,200 a month in income. He wants to put 14% into a college savings account. How much money should he put into the account?

Answer 1

Answer:

308 dollars

Step-by-step explanation:

Really all we have to do, is find 14 percent of 2200. We can do this by dividing. Our resoulution is 308.

Answer 2

The amount he should put in the college savings account $\bold{ \ 308}$

Solution:

Given, income of Mark = $\ 2200$

Percentage of amount in college savings account = $14 \%$

To find: The amount he should put in the college savings account

This can be solved in two methods as follows:

Method 1:

As given, Mark puts $14\%$ of the total amount in the account

i.e. $14\% \ of \ 2200 \Rightarrow \frac{14}{100}\times 2200$

On solving,

$\Rightarrow \frac{30800}{100} = \ 308$

Method 2:

So, here assume that 100 corresponds to 2200

As given, Mark puts $14\%$ of the total amount in the account

$i.e. 100\times22=2200$

$\therefore 14\times22=308$

Hence, the amount is $\ 308$