A financial counselor gave a client this pie chart describing how to budget his income. If the client brings home Rs. 50,000 each month, how much should he spend in each category?

Solution:

Total budget is Rs. 50,000

1. Housing is 30%; 30/100 × 50,000 = Rs.15,000
2. Food is 20%; 20/100 × 50,000 = Rs.10,000
3. Car loan is 25%; 25/100 × 50,000 = RS. 12,500
4. Utilities is 10%; 10/100 × 50,000 = RS. 5000
5. Phone is 5%; 5/100 × 50,000 = Rs.2500
6. Clothing is 5%; 5/100 × 50,000 = RS.2500
7. Entertainment is 5%; 5/100 × 50,000 = RS.2500

✦ Try This: A financial counselor gave a client this pie chart describing how to budget his income. If the client brings home Rs. 70,000 each month, how much should he spend in each category?

☛ Also Check: NCERT Solutions for Class 8 Maths Chapter 5

NCERT Exemplar Class 8 Maths Chapter 2 Problem 115

A financial counselor gave a client this pie chart describing how to budget his income. If the client brings home Rs. 50,000 each month, how much should he spend in each category?

Summary:

1. Housing is 30%; 30/100 × 50,000 = Rs.15,000, 2. Food is 20%; 20/100 × 50,000 = Rs.10,000, 3. Car loan is 25%; 25/100 × 50,000 = RS. 12,500, 4. Utilities is 10%; 10/100 × 50,000 = RS. 5000, 5. Phone is 5%; 5/100 × 50,000 = Rs.2500, 6. Clothing is 5%; 5/100 × 50,000 = RS.2500, 7. Entertainment is 5% ; 5/100 × 50,000 = RS.2500

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