he pie chart below shows how the total annual income for a certain family is spent. If the amount budgeted for Housing and Insurance combined is 42,000, what is the total family income?
there is saving 8%, food 19%, clothing 18%, auto 12%, entertainment 13% . Do I add them together to get the family income or one at a time. Thank you very much.
42,000 + 0.7x = x
42,000 = 0.3x
? = x
The pie chart below shows how the total annual income for a certain family is spent. If the total annual income is 140,000, what amount is budgeted for Auto and Insurance combined?
To find the total family income, we first need to determine the percentage of the income allocated to Housing and Insurance.
Based on the information provided, we know that the combined budget for Housing and Insurance is $42,000. The pie chart does not explicitly show the percentage or amount allocated to these categories, so we'll need to calculate it.
Adding up the percentages for Saving, Food, Clothing, Auto, and Entertainment, we have:
8% + 19% + 18% + 12% + 13% = 70%
This means that the remaining 30% is allocated to Housing and Insurance. To find the percentage value equal to $42,000, we can set up a proportion:
30% corresponds to $42,000
100% (total income) corresponds to x (unknown total family income)
We can solve this proportion by cross-multiplying:
30% * x = 100% * $42,000
0.3x = $42,000
Dividing both sides of the equation by 0.3:
x = $42,000 / 0.3
x = $140,000
Therefore, the total family income is $140,000.