1. **State the problem:** Chu earns 50 dollars and puts 10 dollars into savings. We need to find which statement about the fraction of every dollar saved is true.
2. **Formula and explanation:** The fraction of each dollar saved is \( \frac{\text{savings}}{\text{earnings}} = \frac{10}{50} \).
3. **Simplify the fraction:**
$$
\frac{10}{50} = \frac{\cancel{10}}{\cancel{50}} = \frac{1}{5}
$$
4. **Interpretation:** This means Chu saves 1/5 of every dollar he earns.
5. **Answer:** Statement A is true: 1/5 of every dollar Chu earns is put in savings.
Chu Savings 4Bd597
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