Thursday, February 19, 2009

Monthly Income



I want to be a famous Cosmetologist. I get $1200 a month.




1) Your rent plus utilities (gas, water, internet, phone, etc.) is $540 a month! What percentage of your monthly income is this?
My utilities would be about 45% of my monthly income.




2) You spend about 6% of your income per month on your cell phone bill! What amount is this?


My cell phone bill would be about $72.00 out of my monthly income.




3) You usually spend around $200 per month on groceries. Find this percentage.


Grocerys would cost about 17% or 16.66666% of my monthly income.




4) You spend about $40 per week on gas filling your car's gas tank! What percentage of your monthly income is spent on gas?


3.33333% would be spent on gas.




5) You like to use the remaining money and split it - using 60% on entertainment (movies, shopping, etc.) and putting the other 40% in savings. About how much money is spent on entertainment and how much is put in savings?

The final price after all of my bills in one month would be $214.67. So with entertainment, would spend about $128.80. I would have $84.87 left to put into savings.


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