Question

if the familys net monthly income is $7,800, what percent of the income is spent on food, clothing, and housing?
○ 50%
○ 59%
○ 60%
○ 61%
(bar chart with categories: clothing (936), medical (1014), emergency fund (468), transportation (936), food (1248), housing (2496), savings (702))

Explanation:

Step1: Find total spent on food, clothing, housing

Clothing: $936$, Food: $1248$, Housing: $2496$
Total = $936 + 1248 + 2496 = 4680$

Step2: Calculate percentage of income

Percentage = $\frac{4680}{7800} \times 100$
Simplify: $\frac{4680}{7800} = 0.6$, so $0.6 \times 100 = 60\%$

Answer:

60% (corresponding to the option "60%")