In 2014, Mike saves 5%, 10 %, 15%, 20 %, 25 % and
30 % of his monthly pocket money for consecutive six months. In which month his total savings are more than $30 if his monthly pocket money is $100?
(A) February
(B) March
(C) April
(D) May
(E) June
Savings of January month = 5 % of 100
$5
Savings of February month = 10 % of 100
$10
Savings of March month = 15 % of 100
$15
Total savings of first 3 months =5+10+15= $30
Therefore, his savings would be more than $30 in the month of April.
Hence, the answer is (C).
Leave a Reply