Question

The next month, Tamiko develops a budget for her income. One-fourth of her

income is budgeted for car insurance, 1/10

of her income is budgeted for gasoline,2/5

of her income is budgeted for savings, and the remainder is

budgeted for spending money. She earns $234.80 for working at the fast food

restaurant, $64 for baby sitting, and $20 in allowance. How much of her total

monthly income can she spend, according to her budget?

Answer 1

$79.7

Explanation:

Total income is $(234.8 + 64 + 20) = $318.8

Now, One-fourth of her income is budgeted for car insurance i.e.
`(318.8 * (1)/(4)) = 79.7` dollars.

And, 1/10 of her income is budgeted for gasoline i.e.
`(318.8 * (1)/(10)) = 31.88` dollars.

Finally, 2/5 of her income is budgeted for savings i.e.
`(318.8 * (2)/(5)) = 127.52` dollars.

Therefore, the remaining amount of her income = $(318.8 - 79.7 - 31.88 - 127.52) = $79.7 is left for her spending. (Answer)