A family has a monthly budget of $2,400. How much money is spent on each category? 44% is spent on housing. 23% is spent on food. 6% is spent on clothing. 17% is spent on transportation. The rest is put into savings.

Question

Mathematics

Josiah Faulkner

22 March, 22:39

A family has a monthly budget of $2,400. How much money is spent on each category? 44% is spent on housing. 23% is spent on food. 6% is spent on clothing. 17% is spent on transportation. The rest is put into savings.

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Answers (1)

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Christine Brandt · Answer 1

housing, $1056 food, $552 transportation, $408 savings, $240 clothing, $144

Step-by-step explanation:

Multiply the budget total by the percentage for each category:

housing: 44% * $2400 = $1056 food: 23% * $2400 = $552 clothing: 6% * $2400 = $144 transportation: 17% * $2400 = $408 savings: 10% * $2400 = $240

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Find "the rest" by subtracting the total of percentages from 100%, or by subtracting the total of budget categories from $2400. Here, everything (not including savings) adds to 90% * $2400 = $2160, so the amount to savings is 10%, or $240.