Cognitive Reflection Test (CRT) Practice

Question: 1 / 400

A person has $50 and spends $20. How much money do they have left?

$25

$30

To determine how much money the person has left after spending some, we start with the total amount they initially had, which is $50. After spending $20, we subtract that amount from the original total.

The calculation is as follows:

$50 (initial amount) - $20 (amount spent) = $30 (remaining amount).

This logical step confirms that the person has $30 left after the expenditure. The answer reflects a straightforward arithmetic operation, showcasing an understanding of basic subtraction in a financial context.

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$20

$15

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