Question

mike saves 20% of every paycheck.His paycheck last week was $1,500.How much money did mike save from that paycheck?

Answer 1

If Mike saves 20% of every paycheck and his paycheck last week was $1500, you can calculate how much money Mike saved from that paycheck using the following steps:

20% * 1500 = 20/100 * 1500 = 20 * 15 = $300

Result: Mike saved $300 from his last paycheck.