Question

kam’s monthly budget includes $265 for food, $150 for gasoline, and$180 for utilities. If he earns $1558 per month after taxes, how much money is left for other expenses?

Answer 1

Let:

R = Remaining money

E = Expenses

B = Budget

The remaining money (money is left for other expenses) is given by:

$\begin{gathered} R=B-E \\ _{\text{ }}where\colon \\ B=1558 \\ E=265+150+180=595 \\ so\colon \\ R=1558-595 \\ R=963 \end{gathered}$

Answer:

$963