Andrei's grandfather offered to give him a gift at 50% of the amount of money he saved in one year. Andrei saved $120 dollars. How much did his grandfather give him as a gift?

Answer: The amount given by his grandfather to him = $60.

Step-by-step explanation:

Given : Andrei's grandfather offered to give him a gift at 50% of the amount of money he saved in one year.

The amount saved by Andrei = $ 120

Then, the amount given by his grandfather to him will be

50% of (amount saved by Andrei)

= (0.50) x ($120) [When we convert a percent into decimal we divide it by 100]

= $60

Therefore, the amount given by his grandfather to him = $60.