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. 300% B. 40% C. 43% D. 64%

Question

Mathematics

Eva Fernandez

13 August, 19:26

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. 300% B. 40% C. 43% D. 64%

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Answers (1)

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Jean Sellers · Answer 1

150+244+300+50=$744

Now that you have this, you just cross multiply.

If $1240 equals 100% of his net income, then 744 equals ...

744*100:1240=60%

100-60=40

Therefore B. 40% is the correct answer.