Question

Byron’s income last year was $61,700. He made $48,000 at his plumbing job and had income from an apartment that he rented out. If Byron earned the same amount of rent each month for the entire year, approximately how much per month did he collect?

a.
$940
b.
$1,140
c.
$4,000
d.
$5,140

Answer 1

B. $1,140 is the correct answer

Answer 2

Answer: b. $1,140

Explanation:

First, you have to calculate the income that Byron had from the rent of the apartment last year, you do that by subtracting the total income minus the income from his plumbing job:

`61,700-48,000=13,700`

Then, to calculate how much he collected per month, you divide the income by the number of months of the year:

`(13,700)/(12)=1,141.66`

So, Byron collected approximately $1,140 per month.