Jean and her friend run a lemonade stand over the summer. They make $1,000. Jean says that they should put away 20% of their income to buy supplies for next year’s lemonade stand.

According to Jean, how much money should Jean and her friend save to spend on next year's supplies?

A$200
$200
B$300
$300
C$400
$400
D$500

The correct answer is A $200. Jean and her friend should save 20% of their income which is $1,000 * 0.20 = $200.