A worker has 12% of every paycheck deposited straight into savings. The latest paycheck was $2,165. How much went into savings?
A$216.50
B$259.80
C$249.80
D$269.80
Answer & Solution
Correct answer: B. $259.80
1. Change 12% to a decimal: 0.12.
2. Multiply the decimal by the paycheck: 0.12 x 2,165.
3. This gives 259.80, so $259.80 went into savings.
4. $216.50 is only 10% of the paycheck, the slip that comes from moving the decimal point without using the actual rate.
_Source: OpenStax Prealgebra (CC BY 4.0), Ch 6 "Percents", section 6.2 Solve General Applications of Percent_
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