family has an annual income of $23 comma 400. Of this, one fourth
is spent for food, one fifth
for housing, one tenth
for clothing, one ninth
for savings, one fourth
for taxes, and the rest for other expenses. How much is spent for each?
$
nothing is spent for food.

Question

contestada

Respuesta :

bhuvna789456 bhuvna789456 · Answer 1 · 2020-02-06T12:38:09+01:00

Amount spent for food = $5850, housing = $4680, clothing = $2340, savings = $2600, taxes = $5850, expenses = $2080.

Step-by-step explanation:

Step 1:

Given details are Total Income = $23,400

Step 2:

Amount spent for food, F= 1/4th of 23,400 = [tex]1/4 \times 23400[/tex]

= $5850

Step 3:

Amount spent for housing, H = 1/5th of 23,400 = [tex]1/5 \times23400[/tex]

= $4680

Step 4:

Amount spent for clothing, C = 1/10th of 23,400 = [tex]1/10 \times 23400[/tex] = $2340

Step 5:

Amount spent for savings, S = 1/9th of 13,400 = [tex]1/9\times 23400[/tex] = $2600

Step 6:

Amount spent for taxes, T = 1/4th of 23,400 = [tex]1/4 \times 23400[/tex] =$5850

Step 7:

Find amount spent on other expenses by totaling all expenditures and subtracting from the annual income.

Annual Income = F + H + C + S + T + E

Amount spent on other expenses, E = 23400 - (5850 + 4680 + 2340 + 2600 + 5850)

E = 23400 - 21320

E = $2080