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?

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net income = $1,240 expenses = $150 + $244 + $300 + $50 = $744 Let: x = percent of his net income can he spend on other things. x = [($1,240 - $744)/$1,240] * 100 = ($496/$1,240) * 100 = 40%

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Asked 3/28/2018 3:52:01 PM

Updated 158 days ago|8/19/2020 8:05:29 AM

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marie2061

net income = $1,240
expenses = $150 + $244 + $300 + $50 = $744
Let: x = percent of his net income can he spend on other things.
x = [($1,240 - $744)/$1,240] * 100 = ($496/$1,240) * 100 = 40%

Added 158 days ago|8/19/2020 8:05:29 AM

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