Answer:
The correct choice is
A. 10%
Step-by-step explanation:
percentage of income put into saving is given as
Percentage of income put into saving = amount put into saving from total income x 100 / Total income
Given that :
Savings = $300.00
Net monthly income = 2,970.00
hence
Percentage of income put into saving = Savings x 100 / Net monthly income
inserting the values
Percentage of income put into saving = $300.00 x 100 / 2,970.00
Percentage of income put into saving = 10 %
hence correct choice is A. 10%
