Nelly is a single working mom with 2 children who are both studying in a private
school. She has to pay the following bills every 5th day of the month:
Water - P1,500
Electricity - P6,500
House Amortization - P18,000
Home Owner's Association - P1,500
Phone and Internet Plan - P2,000
If her salary is P50,000 a month, is the remaining money from her salary would be
sufficient for them in everyday basis? Why? Why not? If not, what would be your
suggestion to Nelly?
(with solution)
school. She has to pay the following bills every 5th day of the month:
Water - P1,500
Electricity - P6,500
House Amortization - P18,000
Home Owner's Association - P1,500
Phone and Internet Plan - P2,000
If her salary is P50,000 a month, is the remaining money from her salary would be
sufficient for them in everyday basis? Why? Why not? If not, what would be your
suggestion to Nelly?
(with solution)
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Answer:
20,500php, yes it is sufficient
Step-by-step explanation:
add the bills first
(1,500 + 6,500 + 18,000 + 1,500 + 2,000) = 29,500
then subtract (50,000 - 29,500= 20,500)