SOLUTION: Your net income is $2350 and you donate $50 a month to charity, with the new net income, you want to take dance lessons, but you don't want to spend no more than 2% of the monthly

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: Your net income is $2350 and you donate $50 a month to charity, with the new net income, you want to take dance lessons, but you don't want to spend no more than 2% of the monthly       Log On


   

Question 1037036: Your net income is $2350 and you donate $50 a month to charity, with the new net income, you want to take dance lessons, but you don't want to spend no more than 2% of the monthly budget on the dance lessons. How much can you afford to spend?
Answer by Theo(13342) About Me  (Show Source):
You can put this solution on YOUR website!
your monthly income is 2350.
you deduct 50 dollars a month to charity.
your new net income is 2300.
that becomes your monthly budget.
2% of 2300 = .02 * 2300 = 46 dollars.
you can spend 46 dollars a month on dance lessons.