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Analyze the following budget, with an income of $600, to determine how much can be spent on food for the month

Sagot :

MrRoyal

Question:

Analyze the following budget, with an income of $600, to determine how much can be spent on food for the month.

Cell Phone $65

Food $___

Entertainment $95

College Savings $200

Car Expenses - Gas, Insurance $160

Answer:

[tex]Food = \$80[/tex]

Step-by-step explanation:

Given

[tex]Income = \$600[/tex]

Required

How much should be spent on food

This is calculated as:

[tex]Income = Food + Other\ budgets[/tex]

Where:

[tex]Other\ budgets = Phone + Ent + College + Car, Gas[/tex]

[tex]Other\ budgets = \$65 + \$95 + \$200 + \$160[/tex]

[tex]Other\ budgets = \$520[/tex]

So, we have:

[tex]\$600 = Food + \$520[/tex]

[tex]Food = \$600 - \$520[/tex]

[tex]Food = \$80[/tex]

lcdl

Answer:

C $80 can be spent on food.

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