The total money that student saves after paying tax and other expenses is $9600
It is given that
Total earning = $15000
Tax = 1%
Spendings on living expenses = 25%
The percentage is the value per hundred.
Total saving = Total earning- Tax-spendings on living expenses
Total saving = 15000-(11% of 15000 -(25%of 15000)
Total saving = 15000-11*15000/100 - 15000*25/100
Total saviing = 15000-1650-3750
Total saving = $9600
Therefore, The total money that student saves after paying tax and other expenses is $9600.
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