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A man spends 40% of his income on rent. If his income is $5000, how much does he
A man spends 40% of his income on rent. If his income is $5000, how much does he spend on rent?
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Practice Questions
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Q1
A man spends 40% of his income on rent. If his income is $5000, how much does he spend on rent?
$1800
$2000
$2200
$2400
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Rent = 0.4 * 5000 = $2000.
Questions & Step-by-step Solutions
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Q
Q: A man spends 40% of his income on rent. If his income is $5000, how much does he spend on rent?
Solution:
Rent = 0.4 * 5000 = $2000.
Steps: 6
Show Steps
Step 1: Identify the man's total income, which is $5000.
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 * 5000.
Step 5: Perform the multiplication: 0.4 * 5000 = 2000.
Step 6: Conclude that the man spends $2000 on rent.
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