Victor Malaba has a net income of $1,240 per month. If he spends $150 on food, $244 on a car
payment, $300 on rent, and $50 on savings, what percent of his net income can he spend on other things
Please help me understand

Question

Victor Malaba has a net income of $1,240 per month. If he spends $150 on food, $244 on a car 
payment, $300 on rent, and $50 on savings, what percent of his net income can he spend on other things
Please help me understand

anonymous · Answer

$$\frac{(1240-(150+244+300+50)) 100}{1240}=40 \%  $$

anonymous · Answer

Thank you so much. I really appreciate it