Question

Brian makes $1,000 per month. His fixed monthly expenses are $600 for rent, $65 for utilities, and $30 for his cell phone. He also wants to save 20% of his salary. What is his budget for his entertainment and any extras?

Answer 1

$305

Step-by-step explanation:

Method 1

1000 - 600 = 400

400 - 65 = 335

335 - 30 = 305

Method 2

600 + 65 + 30 = 695

1000 - 695 = 305

20% of 1000 is 200, but subtracting all his "I need to pay", leaves him with 305 so already he has more than 20% saved.

So Brian has $305 left.