Question

The Chambers family has a net monthly income of $6,500.

A circle graph titled Chambers Family Budget. Housing is 25 percent, Food is 20 percent, Savings is 7 percent, Transportation is 12 percent, medical is 10 percent, clothing is 18 percent, emergency fund is 8 percent.

If the family decides to reduce its clothing budget by $200 a month, how much will the new clothing budget be? Round to the nearest dollar.
$161
$853
$970
$1,170.

Answer 1

It’s going to be 970 because 6,500*.18 is 1,170 and then you subtract 200 and it equals 970.