Q23.

Question

Talia is working on a monthly budget. Her monthly income is \(500. She has allocated \)200 for savings, \(100 for vehicle expenses, and \)75 for clothing. How much is available to spend on entertainment?

Step-by-Step Solution

Verified
Answer

$125 is available to spend on entertainment.

1Step 1. Understand what is given.

Monthly income = $500.

Allocated for savings = $200.

Allocated for vehicles = $100.

Allocated for clothing = $75.

2Step 2. Determine total allocated amount.

She has allocated total =$200+$100+$75=$(200+100+75)=$375.

3Step 3. Find the remaining amount.

She has total = $500

She has already allocated $375 (From step 2)

 

So, the amount that has not been allocated yet =$500-$375=$(500-375)=$125.

 

This remaining amount is available for entertainment.