Question

Amanda has a salary of $1,500 per month and she divides her income in the following way: Expense Amount of Money Savings $475 Car payment and Insurance $425 Phone and internet $175 Food $225 Clothes $100 Misc. $100 Which statement is true? Amanda spends 15% of her salary on food. Amanda spends 50% of her salary on savings and car payment and insurance combined. Amanda spends 10% of her salary on phone and internet. Amanda spends 5% of her salary on clothes.

Answer 1

True : Amanda spends 15% of her salary on food.

False: Amanda spends 50% of her salary on savings and car payment and insurance combined.

False: Amanda spends 10% of her salary on phone and internet.

False: Amanda spends 5% of her salary on clothes.

Explanation:

The monthly salary of Amanda = $1,500

Money Savings = $475 , Car payment and Insurance = $425

Phone and internet = $175 , Food = $225 , Clothes = $100 Misc. = $100

Now, check each of the given statements:

1) Amanda spends 15% of her salary on food.

Now,15% of $1500 =
`(15)/(100)  * 1500 = 225`

⇒ 15 % of her salary is $225.

So, the given statement is TRUE.

2) Amanda spends 50% of her salary on savings and car payment and insurance combined.

Now,50% of $1500 =
`(50)/(100)  * 1500 = 750`

Also, combined amount of savings and car payment insurance

= $475 + $425 = $900

But 50 % of her salary is $750.

So, the given statement is FALSE.

3) Amanda spends 10% of her salary on phone and internet.

Now,10% of $1500 =
`(10)/(100)  * 1500 = 150`

⇒ 10 % of her salary is $150. But she spends $175 on phone and internet

So, the given statement is FALSE.

4)Amanda spends 5% of her salary on clothes.

Now,5% of $1500 =
`(5)/(100)  * 1500 = 75`

⇒ 5 % of her salary is $75. But she spends $100 on her clothes.

So, the given statement is FALSE.