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? A. 64% B. 40% C. 43% D. 300%
To calculate the percentage of Vitor Malaba's net income that he can spend on other things, we need to first calculate his total expenses. Total Expenses = Food + Car payment + Rent + Savings Total Expenses = \$150 + \$244 + \$300 + \$50 Total Expenses = \$744 To calculate the amount he can spend on other things, we need to subtract his total expenses from his net income: Amount for Other Things = Net Income - Total Expenses Amount for Other Things = \$1,240 - \$744 Amount for Other Things = \$496 To calculate the percentage of his net income that he can spend on other things, we divide the
Question
Asked 16 days ago|5/18/2023 2:29:34 PM
Updated 11 days ago|5/23/2023 11:53:21 AM
Edited by Wallet.ro [5/18/2023 2:45:38 PM]
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To calculate the percentage of Vitor Malaba's net income that he can spend on other things, we need to first calculate his total expenses.

Total Expenses = Food + Car payment + Rent + Savings
Total Expenses = \$150 + \$244 + \$300 + \$50
Total Expenses = \$744

To calculate the amount he can spend on other things, we need to subtract his total expenses from his net income:

Amount for Other Things = Net Income - Total Expenses
Amount for Other Things = \$1,240 - \$744
Amount for Other Things = \$496

To calculate the percentage of his net income that he can spend on other things, we divide the amount for other things by his net income and multiply by 100:

Percentage for Other Things = (Amount for Other Things / Net Income) x 100
Percentage for Other Things = (\$496 / \$1,240) x 100
Percentage for Other Things = 40%

Therefore, Vitor Malaba can spend 40% of his net income on other things after accounting for his expenses on food, car payment, rent, and savings.
Added 16 days ago|5/18/2023 2:44:46 PM
3
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, 40% of his net income can he spend on other things. Solution: Income he spend on other things = \$1,240 - \$694 - \$50 = \$496; percentage = 496 /1240 *100 =40%.
Added 16 days ago|5/18/2023 2:45:49 PM
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[Deleted]
Added 16 days ago|5/18/2023 2:45:23 PM
Deleted by Maxleron [5/18/2023 2:45:40 PM]
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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? A. 64% B. 40% C. 43% D. 300%

To calculate the percentage of his net income that he can spend on other things, we divide the amount he can spend on other things by his net income and multiply by 100. Percentage = (Amount for Other Things / Net Income) * 100 Percentage = (\$496 / \$1,240) * 100 Percentage 40% Therefore, Victor Malaba can spend approximately 40% of his net income on other things. The correct answer is B. 40%.
Added 11 days ago|5/23/2023 2:09:06 AM
0
To calculate the percentage of Victor Malaba's net income that he can spend on other things, we need to subtract his expenses (food, car payment, rent, and savings) from his net income and then divide that amount by his net income.

Net income: \$1,240 per month
Expenses: \$150 (food) + \$244 (car payment) + \$300 (rent) + \$50 (savings) = \$744

Amount available to spend on other things: \$1,240 - \$744 = \$496

Percentage of net income available to spend on other things: (\$496 / \$1,240) x 100% = 40%

Therefore, the correct answer is B. 40%.
Added 11 days ago|5/23/2023 6:57:11 AM
0
40%

Explanation:

Given:

Net income of Victor Malaba = \$ 1,240 per month

Amount spend on food = \$150

Amount spend on a car payment = \$244

Amount spend on rent = \$300

Amount for savings = \$50

Thus,

Total expenses = \$ 150 + \$ 244 + \$ 300 + \$ 50 = \$ 744

the total amount left after the above expenses = Net income - The total expenses

or

The amount left = \$ 1,240 - \$ 744 = \$ 496

Therefore, the percentage of net income that can he can spend on other things =

or

The percentage of net income that can he can spend on other things = 40%

Added 11 days ago|5/23/2023 11:53:21 AM
This question was edited
Added 16 days ago|5/18/2023 2:46:19 PM
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