Mr. Russo prepared a monthly budget. The table shows the percentage of income that Mr. Russo budgets for each expense.
Monthly Budget
Expense Amount
Housing 30%
Utilities 10%
Food 15%
Transportation 10%
Other 35%
If Mr. Russo spends $450 on food, what is his total monthly budget?
a. $3,000
b. $6,750
c. $2,550
d. $4,500
To calculate Mr. Russo's total monthly budget, we can first determine the percentage of his budget that food represents.
Food represents 15% of his budget, and $450 is the amount allocated for food.
So, we can set up the equation:
15% of Total Budget = $450
Let x be the total monthly budget:
0.15x = $450
x = $450 / 0.15
x = $3,000
Therefore, Mr. Russo's total monthly budget is $3,000.
Therefore, the correct answer is:
a. $3,000