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A person spends 40% of his income on rent and 30% on food. If his income is $200

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Question: A person spends 40% of his income on rent and 30% on food. If his income is $2000, how much does he spend on rent?

Options:

  1. $600
  2. $700
  3. $800
  4. $900

Correct Answer: $600

Solution: 

Rent = 40% of 2000 = 0.4 * 2000 = 800.

A person spends 40% of his income on rent and 30% on food. If his income is $200

Practice Questions

Q1
A person spends 40% of his income on rent and 30% on food. If his income is $2000, how much does he spend on rent?
  1. $600
  2. $700
  3. $800
  4. $900

Questions & Step-by-Step Solutions

A person spends 40% of his income on rent and 30% on food. If his income is $2000, how much does he spend on rent?
Correct Answer: 800
  • Step 1: Identify the total income, which is $2000.
  • Step 2: Determine the percentage of income spent on rent, which is 40%.
  • Step 3: Convert the percentage to a decimal by dividing by 100. So, 40% becomes 0.4.
  • Step 4: Multiply the total income by the decimal. So, calculate 0.4 * 2000.
  • Step 5: Perform the multiplication: 0.4 * 2000 = 800.
  • Step 6: The amount spent on rent is $800.
  • Percentage Calculation – Understanding how to calculate a percentage of a given amount.
  • Income Allocation – Understanding how to allocate income towards different expenses.
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