Question

1. leroy has a net monthly income of $3000.00. a breakdown of his monthly expenses is shown in the following circle graph

monthly expenses
how much does leroy spend on each category each month?

Explanation:

Step1: Calculate Savings

Savings is \(3\%\) of \(\$3000\).

$$3000\times0.03 = 90$$

Step2: Calculate Entertainment

Entertainment is \(4\%\) of \(\$3000\).

$$3000\times0.04=120$$

Step3: Calculate Charitable donations

Charitable donations is \(6\%\) of \(\$3000\).

$$3000\times0.06 = 180$$

Step4: Calculate Miscellaneous

Miscellaneous is \(13\%\) of \(\$3000\).

$$3000\times0.13=390$$

Step5: Calculate Car

Car is \(16\%\) of \(\$3000\).

$$3000\times0.16 = 480$$

Step6: Calculate Food

Food is \(20\%\) of \(\$3000\).

$$3000\times0.20=600$$

Step7: Calculate Housing

Housing is \(38\%\) of \(\$3000\).

$$3000\times0.38 = 1140$$

Answer:

Savings: \(\$90\), Entertainment: \(\$120\), Charitable donations: \(\$180\), Miscellaneous: \(\$390\), Car: \(\$480\), Food: \(\$600\), Housing: \(\$1140\)