question 1\nantwoun wants to allocate 12% of his budget towards food. if his net pay is $3400, how much…

question 1\nantwoun wants to allocate 12% of his budget towards food. if his net pay is $3400, how much money will he have left aside for food?\n\nquestion 2\ngabriela has an apartment that costs 30% of her monthly budget, which is $1,575. what is the amount of money she has leftover for other monthly expenses after she has paid rent?\n\nquestion 3\ngabriela remembered that her personal finance teacher in high school always encouraged each person to “pay yourself first” so she sets aside $715 into a savings account each month. if her monthly budget is $3,575, what percentage of her budget does she put into savings?\n\nquestion 4\nantwoun wants to purchase new photography equipment. he sees an advertisement on a store’s website for a 35% sale on 85mm lenses this weekend. if the original price of the lens he wanted is $599, what is the new price of the lens once it goes on sale?
Answer
Question 1
Explanation:
Step1: Calculate amount for food
He sets aside 12% of his net - pay for food. Net - pay is $3400. To find the amount for food, use the formula: Amount for food = 12% of 3400. $0.12\times3400 = 408$
Step2: Calculate remaining amount
Remaining amount = Net - pay−Amount for food $3400 - 408=2992$
Answer:
$2992$
Question 2
Explanation:
Step1: Find total monthly budget
Let the total monthly budget be $x$. Rent is 30% of $x$ and rent is $1575$. So, $0.3x = 1575$. Solve for $x$: $x=\frac{1575}{0.3}=5250$
Step2: Calculate remaining amount
Remaining amount = Total budget−Rent $5250 - 1575 = 3675$
Answer:
$3675$
Question 3
Explanation:
Step1: Use percentage formula
The percentage formula is $\text{Percentage}=\frac{\text{Part}}{\text{Whole}}\times100%$. Here, the part is the amount saved ($715$) and the whole is the monthly budget ($3575$). $\text{Percentage}=\frac{715}{3575}\times100%$
Step2: Calculate the percentage
$\frac{715}{3575}\times100%=\frac{71500}{3575}=20%$
Answer:
$20%$
Question 4
Explanation:
Step1: Calculate the discount amount
The discount is 35% of the original price. Original price of the lens is $599$. Discount amount = 35% of 599, so $0.35\times599 = 209.65$
Step2: Calculate the new price
New price=Original price - Discount amount $599-209.65 = 389.35$
Answer:
$389.35$