"The Familys Income Is Php 50,000.", Their Corresponding Monthly Budget Is:, 40% Food And Clothing, 18% Education, 15% Utilities, 15% Savings And Insu

The familys income is Php 50,000. Their corresponding monthly budget is:

40% Food and clothing
18% Education
15% Utilities
15% Savings and Insurance.

Answer this 3 questions:

How much is allotted for food and clothing?

How much is reserved for education, savings and insurance?

How much is allotted for civic funds?

 

1) 40% of 50,000 for food and clothing.

\frac{40}{100}\times50000 = \frac{40}{1<br>ot0<br>ot0}\times500<br>ot0<br>ot0=20000

2)money for education,savings and insurance= 18%+15%=33%

i.e 33% of 50000

\frac{33}{100}\times50000 = \frac{33}{1<br>ot0<br>ot0}\times500<br>ot0<br>ot0=16500

3)15% of 50,000 for civic funds.

\frac{15}{100}\times50000 = \frac{15}{1<br>ot0<br>ot0}\times500<br>ot0<br>ot0=7500


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