Mr. Reyes has a fruit & vegetable stall at the market with an average monthly income of P 25,000.00. He has 2 kids in the elementary level studying in Public school. His wife a Public School 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.
•Grocery-20% = 10,000 pesos
•Education-25% = 12,500 pesos
•Cell bill-6% = 3,000 pesos
•Electricity-19% = 9,500 pesos
•Clothing-8% = 4,000
•Investments -15% = 7,500 pesos
•Miscellaneous -7% = 3,550 pesos
QUESTIONS:
1)How much is spent for education?__________
2)What is the percentage being spent for the electricity?
__________
3)How much is spent for investment?___________
4)What is the percentage being spent for investment?__________
5)How much is spent for clothing?___________
•Grocery-20% = 10,000 pesos
•Education-25% = 12,500 pesos
•Cell bill-6% = 3,000 pesos
•Electricity-19% = 9,500 pesos
•Clothing-8% = 4,000
•Investments -15% = 7,500 pesos
•Miscellaneous -7% = 3,550 pesos
QUESTIONS:
1)How much is spent for education?__________
2)What is the percentage being spent for the electricity?
__________
3)How much is spent for investment?___________
4)What is the percentage being spent for investment?__________
5)How much is spent for clothing?___________
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