Miguel is saving towards the purchase of a used car. the price of the car is $3,400, and miguel has saved $1,496 so far. what percent of the total cost has he saved? explain how you found your answer.

Total amount that Miguel need to save for the purchase of the car = $3400
Amount that Miguel has saved up = $ 1496

The percentage of amount that Miguel has saved up can be calculated as:

(Amount that he has saved up)/(Total amount needed to purchase the car) x 100 %

Using the values, we get:

Percent of total cost he saved = %

Percent of total cost he saved = 44%

Thus, Miguel has saved 44% of the cost needed to buy the car