A family spends 1/4 of its monthly budget on rent, 1/3 in food, 1/8 on out door activities, 1/2 on clothes, and remainder is saved

2 thoughts on “A family spends 1/4 of its monthly budget on rent, 1/3 in food, 1/8 on out door activities, 1/2 on clothes, and remainder is saved”

1. Answer:

   don’t know this answer sorry

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2. Answer:

   So the family spends

   1/3 on rent

   1/4 on food and

   1/6 on entertainment

   And saves about $15,000

   Now the entire yearly income is 100%(any complete thing is 100%)

   1/3 on rent makes it 33.33% of the entire income

   1/4 on food makes it 25% on food

   Similarly, 1/6 on entertainment is 16.67% on entertainment

   So together the spendings are 75%( the percentage spent on rent,food and entertainment)

   Therefore, the savings are 25%(100%-75%)… As the question reads, the savings are $15,000 so 25%=$15,000

   Hence 100%(annual salary)= $60,000. {$15,000*100% /25%}

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