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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?
Wiki User
∙ 14y ago
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 100
Monthly income = 2400
Wiki User
∙ 14y ago
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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).
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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
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