Matyh

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Victor Malaba has a net income of \$1,240 per month. If he spends \$150 on food, \$244 on a car
payment, \$300 on rent, and \$50 on savings, what percent of his net income can he spend on other things?
A. 43 percent
B. 300 percent
C. 40 percent
D. 64 percent
PLease don't tellme the answer. I just want to know the steps to figuring it out.

• Matyh -

2. Subtract from his net income.
3. Divide the difference by the net income.
4. Multiply the decimal by 100 to find the percent.

• Matyh -

C. 40 percent

• Matyh -

12-22

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