A man earns ₦3,500 per month out of which he spends 15% on his children's education. If he spends additional ₦1,950 on food, how much does he have left?
A man earns ₦3,500 per month out of which he spends 15% on his children's education. If he spends additional ₦1,950 on food, how much does he have left?
Answer Details
The man earns ₦3,500 per month and spends 15% of it on his children's education. We can calculate the amount he spends on his children's education as:
15% of ₦3,500 = (15/100) x ₦3,500 = ₦525
So, his total expenses on education and food are:
₦525 + ₦1,950 = ₦2,475
Subtracting his total expenses from his monthly income, we get his savings:
₦3,500 - ₦2,475 = ₦1,025
Therefore, the man has ₦1,025 left after spending on his children's education and food.
Hence, the answer to the question is ₦1,025.