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. 40 percent
B. 300 percent
C. 43 percent
D. 64 percent
Expenditure = $150 on food, $244 on a car payment, $300 on rent= 150+300 +244 =$694 , savings = $50, income he spend on other things = $1,240 - $694 - $50 = $496 ,percentage = 496 /1240 *100 =40%.
Question
Asked 7/17/2018 8:44:48 AM
Updated 7/21/2020 7:33:13 AM
1 Answer/Comment