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A man earns $5000 a month. If he spends 30% of his income on rent, how much does

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Question: A man earns $5000 a month. If he spends 30% of his income on rent, how much does he spend on rent?

Options:

  1. $1200
  2. $1300
  3. $1400
  4. $1500

Correct Answer: $1200

Solution: 

Rent = 30% of 5000 = 0.3 * 5000 = $1500.

A man earns $5000 a month. If he spends 30% of his income on rent, how much does

Practice Questions

Q1
A man earns $5000 a month. If he spends 30% of his income on rent, how much does he spend on rent?
  1. $1200
  2. $1300
  3. $1400
  4. $1500

Questions & Step-by-Step Solutions

A man earns $5000 a month. If he spends 30% of his income on rent, how much does he spend on rent?
  • Step 1: Identify the man's monthly income, which is $5000.
  • Step 2: Determine the percentage of income spent on rent, which is 30%.
  • Step 3: Convert the percentage to a decimal for calculation. 30% as a decimal is 0.3.
  • Step 4: Multiply the monthly income by the decimal to find the rent amount: 0.3 * 5000.
  • Step 5: Calculate the result of the multiplication: 0.3 * 5000 = $1500.
  • Step 6: Conclude that the man spends $1500 on rent.
  • Percentage Calculation – Understanding how to calculate a percentage of a given amount.
  • Basic Arithmetic – Applying multiplication to find the total amount spent based on a percentage.
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