Question

You make $2,800 per month. Rent should be 30% of your monthly income and transportation and food should each be 15%. How much money should you limit for rent, transportation, and food together?

Answer 1

$1260

Explanation:

Given data

You make $2,800 per month

Rent= 30% of monthly earning

=30/100*2800

= 0.3*2800

=$840

Transportation and foodt= 15% of monthly earning

=15/100*2800

= 0.15*2800

=$420

Hence the total expenses = 840+420

= $1260