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    Question

    A family spends 20% of its monthly income on food, 23% on rent, and 42% on other expenses and saves the balanc

    A family spends 20% of its monthly income on food, 23% on rent, and 42% on other expenses and saves the balance. If the family saves $360 per month, what is its monthly income?
    a few seconds ago 12 Answers

    Best Answer

    20% on food, 23% of rent, 42% on other, leaves 15% for savings. $360 per month is the savings, then $2400 is the monthly income. 2400 monthly income food = 2400 x 20% = $ 480 rent = 2400 x 23% = $ 552 other = 2400 x 42% = $1,008 savings = 2400 x 15% = $ 360 Total = $2,400
    a few seconds ago

    Other Answers

    • 100% - 23% - 42% - 20% = 15% Income * 0.15 = $360 Divide 360 by 0.15 = $2400

      by rrossorr - 17 hours ago

    • 20%+23%+42%=85% 100%-85%=15% 15%=$360 15% - $360 RULE OF 3 100% - X 360*100=36000 36000/15=2400 $2400

      by Mario - 17 hours ago

    • 2400

      by Bob D - 17 hours ago

    • I hope it's $2400/mo.

      by Sharon - 17 hours ago

    • is this for your school or for your neighbor?

      by earth angel - 17 hours ago

    • do you want us to make your math homework? please do mine. annual spending 169,000 annual earnings -3,050 no joke,

      by notei - 17 hours ago

    • Next ta **** all by the sound of it,

      by Shazzzz - 17 hours ago

    • these silly made up questions for schools teach all the wrong things. First, this family is paying NO taxes yet has income. This is so NOT America. Second, only 23% for rent equals $552 a month. Please excuse me, but you can't rent a hovel in any American city or suburb [where almost all the students are] for $552 a month, much less space big enough for a family. And then there's food. $480 a month for food !! unbelievable. just flat unbelievable. "Family" almost certainly means at least three people. $111 a week for three people's food hasn't been real in America for at least 15 years, more like 30. In fact, 30 years ago is when I made 'only' 2400 a month and I was just starting out at the time -- didn't have a family. Any modern two income family makes more than 2400 a month. *** I'm afraid your textbook is so badly out of date that it would be better used as charcoal starter or to train the new puppy. :-)

      by Spock (rhp) - 17 hours ago

    • Saving is very inportant $360 a month who care what the rest is

      by Gerald - 17 hours ago

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