Leon’s goal was to save $100 in a year, but he saved $120. What percent of his goal did he reach?

Answer 1

To find out what percent of his goal Leon reached, you can use the formula:

\[ \text{Percent of goal reached} = \left( \frac{\text{amount saved}}{\text{goal}} \right) \times 100 \]

In this case, Leon's amount saved is $120 and his goal is $100.

\[ \text{Percent of goal reached} = \left( \frac{120}{100} \right) \times 100 \]

Calculating that:

\[ \text{Percent of goal reached} = 1.2 \times 100 = 120% \]

Therefore, Leon reached 120% of his goal.