Question

The Dumescu family made a chart to compare its budget items. Liliana noticed that the sum of three of the budget items was half of the budget. A circle graph titled Dumescu Family Budget. Housing is 23 percent, Food is 20 percent, Savings is 10 percent, Transportation is 14 percent, medical is 12 percent, clothing is 16 percent, emergency fund is 5 percent. Which three items was she referring to? housing, clothing, and savings housing, medical, and food food, transportation, and clothing transportation, savings, and housing.

Answer 1

The three items the sum of which is half of the budget are food, transportation, and clothing. All these are a part of necessities, hence the necessities take more of the budget of the Dumescu family.

What is a budget?

A budget refers to a financial plan of an individual, family, or entity. A budget helps to determine the estimated future value of income and expenses of the user for a specific period.

In the given question, the budget chart of the Dumescu family shows the relative percentage of their expenses over housing, food, savings, clothing, transportation, medical, and emergency fund.

Liliana noticed that the sum of three items of the budget makes half of the budget expense. The three items could be food, transportation, and clothing.

The relative share of food is 20%, transportation is 14%, and clothing is 16%. The total of share of all three is 20 + 14 + 16 = 50%.

Thus it can be concluded that half of the expense of the Dumescu family belongs to food, transportation, and clothing.

Hence the correct option is C.

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