Question

The Smiths spend 5% of their budget on entertainment. Their total budget this year is $3,000 more than last year, and this year they plan to spend $2,150 on entertainment. What was their total budget last year?

Answer 1

$ 40,000

Explanation:

they spend 5% of their budget on entertainment.

this year they plan to spend 2150.

5% of their total budget = 2150

let x represent their total budget

0.05x = 2150

x = 2150 / 0.05

x = 43,000 .....so this is the budget for this year

the total budget this year is 3000 more then last year..

so their total budget last year was : 43,000 - 3000 = 40,000 <==