Question

A $150 fund is available for an office party. If 60% of the money is spent on food and beverages, how much is left for other expenses?

Answer 1

After spending 60% of the $150 fund on food and beverages, which equates to $90, there is $60 left for other expenses.

Step-by-step explanation:

The question concerns calculating the remaining funds for other expenses after a certain percentage has been spent on food and beverages. Given that the total fund is $150 and 60% is spent on food and beverages, we can calculate the amount spent on food and beverages, and then find out how much is left.

First, calculate 60% of $150:

• (60/100) × $150 = $90

Now, subtract the amount spent on food and beverages from the total fund to find out what is left for other expenses:

• $150 - $90 = $60

Therefore, there is $60 left for other expenses.