the pie chart below shows how the total annual income for a certain family is spent. if the amount budgeted…
the pie chart below shows how the total annual income for a certain family is spent. if the amount budgeted for clothing and auto combined is $38,750, what is the total family income? housing 22% savings 7% food 17% insurance 10% clothing 16% entertainment 13% auto 15%
Answer
Explanation:
Step1: Calculate the combined percentage of Clothing and Auto
$16%+15% = 31%$
Step2: Let the total family income be $x$. Set up the proportion
$0.31x=38750$
Step3: Solve for $x$
$x=\frac{38750}{0.31}=125000$
Answer:
$125000$