Answer:
[tex]Formula : \to \: \boxed{m = w - t} \\
he \: can \: spend : \to \boxed{£108}[/tex]
Step-by-step explanation:
[tex]let \: the \: money \: (in \: £) \: Billy \: has \: to \: spend \: be \: \to \: \boxed{m} \\ let \: his \: wage \: (in \: £) \: be \to \: \boxed{w} \\ let \: the \: tax \: (in \: £) \: be \: \to \boxed{t} \\ then \: the \: required \: formula\: \: is \to \\ \boxed{m =w - t } \\ if \: he \: earns \: £150 \: and \: pays \: £42 \: tax \: : \: then \: \to \\ m = £150 - £42 \\ m = £108[/tex]
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