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You spend 20 + 23 + 42 = 85 %

You save 100-85 = 15% which is 360

So the monthly income = 100% = 100*360/15 = 2400

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Q: If you spend 20 percent monthly on food 23 percent on rent and 42 percent on other expenses and save 360 per month what is the monthly income?
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A family spends 9 percent of it income on entertainment how much do they spend if their monthly income is 5000?

450 dollars would be spent a month on entertainment if the family spends nine percent of their $5000 income monthly on that. You figure this by multiplying .09 by 5000 giving 450, which is the amount spent monthly on entertainment.


A family spends 20 percent of its income on food 23 percent on rent and 42 percent on other expenses and saves the balance if the family saves 360 dollars per month what is the families monthly income?

Total Income = ? % spent on Rent = 23% % spent on food = 20% % spent on Other expenses = 42% Amount remaining = 360 % remaining = 100 - (23 + 20 + 42) = 15% 15% of X amount = 360. So X = 360/15% = 2400 The families total income is $2400


An account earns 3460 per month after receiving a 6 percent raise what was the accountants monthly income before raise?

let accountants monthly income before raise in income be x then x + 6x\100 = 3460 106x/100 =3460 x = 3264.15 therefore accountants monthly income before raise was 3264.15


A family spends 20 of its monthly income on food 23 on rent and 42 on other expenses and saves the balance If the family saves 360 per month what is its monthly income?

20%(food) + 23%(rent) + 42%(other expenses) = 85% food, rent, and other expenses is 85% of the income so then the savings is 15% of the family income 100% - 85% = 15%(savings) 360(savings) is 15% of the family income 15/100 = 360/x if 360 is 15% of the family income the total of the family income is 2400 20%(food) + 23%(rent) + 42%(other expenses) = 85% food, rent, and other expenses is 85% of the income so then the savings is 15% of the family income 100% - 85% = 15%(savings) 360(savings) is 15% of the family income 15/100 = 360/x if 360 is 15% of the family income the total of the family income is 2400


The sinclairs have been advised to allow 7.5 percent of their budget for federal taxes how much should they set aside per month if their monthly income is 2519?

188.93

Related questions

A family spends 20 percent of its monthly income on food 23 percent on rent and 42 percent on other expenses and saves the balance if the family saves 360 per month what is its monthly income?

2400


A family spends 20percent of its monthly income on food 23percent on rent and 42percent on other expenses and saves the balance. If the family saves 360.00dollars per month what is the monthly income?

The amount Êof income the family saves as aÊpercentage is given by (100-(20+23+42) which is 15 percent. Since 15 ÊpercentÊ represent 360.00 dollars, the monthly Êincome will be represented by 100 percent, which is Ê2400.00 dollars: ((360 xÊ100)/15).


A family spends 20 percent of there monthly income on food 23 percent on rent 42 percent on other exspenses and saves the balance if the family saves 360 per month what is it's monthly income?

The family is spending 20 + 23 + 42 = 85 % of their income each month.As such the 360 saved is 15 % of their monthly income.Therefore monthly total income = 360/15 x 100Monthly income = 2400


Markers $550 per month if he spends $220 a month on gas what percent of his total monthly income does he spend on gas?

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A family spends 9 percent of it income on entertainment how much do they spend if their monthly income is 5000?

450 dollars would be spent a month on entertainment if the family spends nine percent of their $5000 income monthly on that. You figure this by multiplying .09 by 5000 giving 450, which is the amount spent monthly on entertainment.


Whats the difference between monthly income statements and for the month ended income statement?

its when you get your monthly income and then when the month comes that you use up all your money you don't have anymore to get a monthly income.


How do you find the average percent of your budgeting on housing utilities and etc. if you make 200 000 per year?

If your gross income is $200,000 per year, and you pay 33% in taxes, etc., that would leave a net income of $134,000 per year, or roughly $11,170 per month. Add up the last twelve months of utilities, mortgage, insurance, etc., then divide by twelve, since there are twelve months in a year, and this will give you the monthly average for your expenses. For example if the average of your monthly expenses is: * Mortgage $2,000 * Utilities $500 * Insurance $500 * Food $800 * Medical $200 * Car payments $400 * Clothing $500 * Miscellaneous $100 That would be a total of $5,000 in expenses per month, leaving an excess of $6,170 each month. Divide the total average monthly expenses by your net monthly income, which will give you approximately 45%. You then subtract .45 from 1.0 (or 45 from 100), which will give you .55 or 55%, which is the percentage of your net income used on your household budget. If you want the average based on your gross income of $200,000, then you do it the same way, by dividing the total average monthly expenses by your total monthly gross income.


A family spends 20 percent of its income on food 23 percent on rent and 42 percent on other expenses and saves the balance if the family saves 360 dollars per month what is the families monthly income?

Total Income = ? % spent on Rent = 23% % spent on food = 20% % spent on Other expenses = 42% Amount remaining = 360 % remaining = 100 - (23 + 20 + 42) = 15% 15% of X amount = 360. So X = 360/15% = 2400 The families total income is $2400


How to use a financial calculator online to budget monthly expenses?

Online financial calculators are a great way to plan out your monthly budget. There will be a section on income, where you enter all of the money coming into your account in a month. There will also be an expenses section where you enter all of your monthly outgoings. You can then calculate if there is a surplus or deficit on your monthly budget.


A person's 3 month income equal to 4 months expense he saved 450 in a year so how much he earn per month or a year?

4 months' expenses = 3 months' income. So, in a year, 12 months' expenses are covered by 9 months' income. This means he saves three months' income in a year. 3 months' income = 450 so monthly income = 150 or annual income = 1800.


If you have budgeted 2.3 percent of your income to go toward car repair how much should you set aside each month if you earn a monthly income of 1800?

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An account earns 3460 per month after receiving a 6 percent raise what was the accountants monthly income before raise?

let accountants monthly income before raise in income be x then x + 6x\100 = 3460 106x/100 =3460 x = 3264.15 therefore accountants monthly income before raise was 3264.15