SOLUTION: If your income is $3060 a month and you plan to budget 1/5 of your income for rent and 1/4 of your income for food, how much do you plan to spend each month on these two items?

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Question 1009700: If your income is $3060 a month and you plan to budget 1/5 of your income for rent and 1/4 of your income for food, how much do you plan to spend each month on these two items?
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
If your income is $3060 a month and you plan to budget 1/5 of your income for rent and 1/4 of your income for food, how much do you plan to spend each month on these two items?
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(1/4) + (1/5) = (5+4)/20 = 9/20
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Ans: (9/20)3060 = 9(153) = $1377
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Cheers,
Stan H.
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