Mr. Reyes has a fruit & vegetable stall at the market with an average monthly income of P 25,000.00. He has 2 kids in the elementary level studying in Public school. His wife a Public School Teacher receives a salary of P 25,000.00 a month. She manages the finances and takes good care of the kids. Illustration below shows how his wife manages the budget. •Grocery-20% = 10,000 pesos •Education-25% = 12,500 pesos •Cell bill-6% = 3,000 pesos •Electricity-19% = 9,500 pesos •Clothing-8% = 4,000 •Investments -15% = 7,500 pesos •Miscellaneous -7% = 3,550 pesos QUESTIONS: 1)How much is spent for education?__________ 2)What is the percentage being spent for the electricity? __________ 3)How much is spent for investment?___________ 4)What is the percentage being spent for investment?__________ 5)How much is spent for clothing?___________
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3550, 10000, 12500, 13000, 9500, 4000, 7500 the total is 49550 their income is 50000 so they
have enough salary to sustain all the needs of the family
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