Raka's total fortnight earning after tax is K1520.50. His fortnightly expenses are:
Electricity K150
Fuel K200
School Fee K150
Food K600
Family K100
What is his annual expenditure?
To find Raka's annual expenditure, we need to calculate his total expenses for a year by multiplying his fortnightly expenses by the number of fortnights in a year.
Total fortnights in a year = 52 weeks/year * 2 fortnights/week = 104 fortnights/year
Total expenses for a year = K150 + K200 + K150 + K600 + K100 = K1200
Annual expenditure = Total expenses for a year * Total fortnights in a year
= K1200 * 104
= K124,800
Raka's annual expenditure is K124,800.
To find Raka's annual expenditure, we need to multiply his fortnightly expenses by the number of fortnights in a year.
Step 1: Calculate the total fortnightly expenses
Electricity: K150
Fuel: K200
School Fee: K150
Food: K600
Family: K100
Total fortnightly expenses = K150 + K200 + K150 + K600 + K100 = K1200
Step 2: Calculate the total annual expenses
Since there are 26 fortnights in a year, we need to multiply the total fortnightly expenses by 26.
Total annual expenses = K1200 * 26 = K31,200
Therefore, Raka's annual expenditure is K31,200.