Answer:
25%
Step-by-step explanation:
Given parameters:
Amount earned by Jessica per month = 800
Total savings target per year = 2400
Unknown:
Percentage of savings = ?
Solution:
The total earning per year will be the amount earned per month multiplied by the total number months;
Amount earned in a year = 12 x 800 = 9600
Let the percentage of savings per year = y%
Now;
2400 = [tex]\frac{y}{100}[/tex] x 9600
y = 25%
