Answered

Victor Malaba has a net income of $1,240 per month. If he spends $150 on food, $244 on a car payment, $300 on rent, and $50 on savings, what percent of his net income can he spend on other things?



Answer :

mumsy
Lets start with what we know
salary=1240.00 USD
expenses=150+244+300+50=$744.00
other things= 1240-744=$ 496.00
to find out what percent he can spend on other things, we do the following

1240........................................100%
496...........................................?%

x=496*100/1240= 40%

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