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At this price the processor and memory matter more than anything else, because both are usually soldered and cannot be upgraded later. Aim for a current-generation Intel Core i3 (or Core 3) or an AMD Ryzen 3, at least 8GB of RAM, and a solid-state drive rather than a mechanical hard drive. Storage and peripherals can be added over time; the CPU and RAM you buy today set how long the laptop stays comfortable to use.
Match the specification to the workload. Study, office apps, browsing and video calls run well on this tier, while photo editing, large spreadsheets or many open browser tabs benefit from 16GB of RAM where the budget allows. Evetech stocks budget laptops from HP, Lenovo, Acer, ASUS and Dell, so compare models on the specifications below rather than brand name alone.