Question

The Lopez family has a net monthly income of $5300 the Lopez family is moving to another city in one line budget estimator says they're wired monthly income Will be $5900 in food costs remain the same percentage of their family budget how much more misty plan to spend on food in the new city

Answer 1

To find out how much more the Lopez family would plan to spend on food in the new city, calculate the difference in monthly income, calculate the percentage increase, and calculate the increase in food costs based on the percentage increase. The Lopez family can expect to spend approximately $67.92 more on food in the new city.

Step-by-step explanation:

To find out how much more the Lopez family would plan to spend on food in the new city, we need to calculate the difference between their original monthly income and their new estimated monthly income, and then calculate the percentage increase. Here are the steps:

1. Calculate the difference in monthly income: $5900 - $5300 = $600
2. Calculate the percentage increase: ($600 / $5300) x 100% = 11.32%
3. Calculate the increase in food costs based on the percentage increase: ($600 / 100) x 11.32% = $67.92

Therefore, the Lopez family can expect to spend approximately $67.92 more on food in the new city.