Violet has a monthly salary of 3000 dollars. She spends 25% on her house loan. Of the remaining money, she wants to save 10% in her savings account. How much will she save?

300 dollars

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225 dollars

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750 dollars

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250 dollars

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Solution

The correct option is B 225 dollars
Violet's monthly salary = 3000 dollars

25% of the salary is used for the house loan.

Money needed for house loan
$= \frac{25}{100} \times 3000$

= 750 dollars

∴ Remaining money = 3000 – 750 = 2250 dollars

She wants to save 10% of the money in her savings account.

So, money saved in her savings account
$= \frac{10}{100} \times 2250$

= 225 dollars

Hence, Violet will add 225 dollars to her savings account.

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