Exercise 2 Directions: Read, observe and understand. Write your answer in a separate sheet of paper. A. Mr. Reyes has a fruit & vegetable stall at the market giving an average monthly income of P 25,000.00. He has 2 kids in elementary level studying in Public school. His wife a Public Teacher receives a salary of P 25,000.00 a month. She manages the finances and takes good care of the kids. Illustration below shows how his wife manages the budget. a 3,550.00 10,000.00 7,500.00 20 13% Grocery,20% Education,25% Cell Bill.6% Electricity. 19% Clothing,8% Investments, 15% Miscellaneous.7% 4,000.00 9,500.00 12,500.00 3,000.00 Follow-up questions: 1. Does the family income enough to sustain the needs of the family? Why?
Answers & Comments
Answer:
Yes
Explanation:
3550, 10000, 12500, 13000, 9500, 4000, 7500 the total is 49550 their income is 50000 so they
have enough salary to sustain all the needs of the family
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