Answer:
792.5

Step-by-step explanation:

*What is asked?

Answer: It asked for how much money is allowed for their savings

*What are the given facts?

Answer: The family has a monthly income of P15,850 and they used 40% for food, 25% for education, 15% for water and electricity fare, 8% for transportation, 7% for miscellaneous expenses, and 5% for savings.

*What is the process to be used?

Answer: Multiplication because it's more like a discount.

*What is the number sentence?

Answer: 15,850 x 5% or 15,850 x 0.5 =

*What is the final answer?

Answer: 792.5

Verified answer

PROBLEM:

Reyes family has a monthly income of P15 850 they allowed 40% of for food 25% for education 15% for water and electricity fare 8% for transportation 7% for miscellaneous expenses and 5% for savings. How much money is allowed for their savings?

ANSWER:

What is asked?

The problem is knowing how much money is allowed for the Reyes family's savings given their monthly income and the percentage of their income allocated to different expenses.

What are the given facts?

• The Reyes family's monthly income is P15,850.
• They allocate 40% for food.
• They allocate 25% for education.
• They allocate 15% for water and electricity fare.
• They allocate 8% for transportation.
• They allocate 7% for miscellaneous expenses.
• They allocate 5% for savings.

What is process to be used?

To find the amount of money allocated for savings, we need to find 5% of the Reyes family's monthly income.

What is the number sentence?

The number sentence to be used is:

[tex]0.05(Php 15,850) = Php 792.50[/tex]

Where 0.05 represents the 5% allocation for savings, P15,850 represents the monthly income, and P792.50 represents the amount allocated for savings.

What is the final answer?

The final answer is P792.50. Therefore, the Reyes family is allowed to allocate P792.50 for their savings based on their monthly income and the percentage allocation for different expenses.

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