Answer:
True : Amanda spends 15% of her salary on food.
False: Amanda spends 50% of her salary on savings and car payment and insurance combined.
False: Amanda spends 10% of her salary on phone and internet.
False: Amanda spends 5% of her salary on clothes.
Step-by-step explanation:
The monthly salary of Amanda = $1,500
Money Savings = $475 , Car payment and Insurance = $425
Phone and internet = $175 , Food = $225 , Clothes = $100 Misc. = $100
Now, check each of the given statements:
1) Amanda spends 15% of her salary on food.
Now,15% of $1500 = [tex]\frac{15}{100} \times 1500 = 225[/tex]
⇒ 15 % of her salary is $225.
So, the given statement is TRUE.
2) Amanda spends 50% of her salary on savings and car payment and insurance combined.
Now,50% of $1500 = [tex]\frac{50}{100} \times 1500 = 750[/tex]
Also, combined amount of savings and car payment insurance
= $475 + $425 = $900
But 50 % of her salary is $750.
So, the given statement is FALSE.
3) Amanda spends 10% of her salary on phone and internet.
Now,10% of $1500 = [tex]\frac{10}{100} \times 1500 = 150[/tex]
⇒ 10 % of her salary is $150. But she spends $175 on phone and internet
So, the given statement is FALSE.
4)Amanda spends 5% of her salary on clothes.
Now,5% of $1500 = [tex]\frac{5}{100} \times 1500 = 75[/tex]
⇒ 5 % of her salary is $75. But she spends $100 on her clothes.
So, the given statement is FALSE.
