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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 food?
  1. $200
  2. $300
  3. $400
  4. $500

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 food?
Correct Answer: 300
  • Step 1: Identify the total income of the man, which is $1,000.
  • Step 2: Determine the percentage of income spent on food, which is 30%.
  • Step 3: Convert the percentage to a decimal by dividing by 100. So, 30% becomes 0.3.
  • Step 4: Multiply the total income by the decimal to find the amount spent on food. So, 0.3 * 1000 = 300.
  • Step 5: Conclude that the man spends $300 on food.
  • Percentage Calculation – Understanding how to calculate a percentage of a given amount.
  • Income Allocation – Understanding how to allocate income to different expenses based on given percentages.
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