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A man spends 40% of his income on rent and 30% on food. If his income is $1,000,

Practice Questions

Q1
A man spends 40% of his income on rent and 30% on food. If his income is $1,000, how much does he spend on rent?
  1. $300
  2. $400
  3. $500
  4. $600

Questions & Step-by-Step Solutions

A man spends 40% of his income on rent and 30% on food. If his income is $1,000, how much does he spend on rent?
Correct Answer: $400
  • Step 1: Identify the man's total income, which is $1,000.
  • 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 to find the amount spent on rent. So, 0.4 * 1000 = $400.
  • Step 5: Conclude that the man spends $400 on rent.
  • Percentage Calculation – Understanding how to calculate a percentage of a given amount.
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