The Cooper family consists of two adults and one child. Their current monthly income is $4,500. How much does the Cooper family spend on food each month?

Question

asked Jan 23, 2021 134k views

1 Answer

Su Beng Keong · Answer 1 · 2021-01-27T02:27:50+0000

Answer:

$Amount = \$630$

Explanation:

See attachment for budget

Given

$Monthly\ Income = \$4500$

Required

Determine the amount spent on food

To solve this, we refer to the attachment to get the budget for food

From the attachment, we have:

$\%Food = 14\%$

Amount spent of food is then calculated as:

$Amount = \%Food * Monthly\ Income$

$Amount = 14\% * \$4500$

$Amount = \$630$

Hence, they spend $630 on food each month