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Question
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?
- Housing
- Food (including eating out)
- Car loan and Maintenance
- Utilities
- Phone
- Clothing
- Entertainment
Solution
Monthly income = ₹ 50000
| Category | Money spent |
| Housing | `30/100 xx 50000 = 15000` |
| Food (including eating out) | `20/100 xx 50000 = 10000` |
| Car loan and maintenance | `25/100 xx 50000 = 12500` |
| Utilities | `10/100 xx 50000 = 5000` |
| Phone | `5/100 xx 50000 = 2500` |
| Clothing | `5/100 xx 50000 = 2500` |
| Entertainment | `5/100 xx 50000 = 2500` |
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