Sure, let's break this down step-by-step:
### Given Information:
A manager has an annual salary of [tex]$60,000, and the salary is distributed among various expenses as follows:
- Food: 30%
- Rent: 18%
- Cogrance: 25%
- Savings: 12%
- Taxes: 5%
- Mhos: 10%
We need to find how much the manager saves at the end of the year.
### Step-by-Step Solution:
1. Identify Key Values:
- Annual salary (\( S \)): \$[/tex]60,000
- Savings percentage ([tex]\( P_s \)[/tex]): 12%
2. Calculate the Savings:
The savings amount at the end of the year can be found by multiplying the annual salary by the savings percentage.
[tex]\[
\text{Savings} = S \times P_s
\][/tex]
Substitute the given values:
[tex]\[
\text{Savings} = 60,000 \times 0.12
\][/tex]
Perform the multiplication:
[tex]\[
\text{Savings} = 7,200
\][/tex]
### Conclusion:
At the end of the year, the manager saves \[tex]$7,200 from his annual salary of \$[/tex]60,000.
