A factory worker earns ₦50,000 per month out of which he spends 15% on his children's education, ₦13,600 on Food, 3% on electricity and uses the rest for hi...

A factory worker earns ₦50,000 per month out of which he spends 15% on his children's education, ₦13,600 on Food, 3% on electricity and uses the rest for his personal purpose. How much does he have left?

Answer Details

The factory worker earns ₦50,000 per month. He spends 15% of his income on his children's education. 15% of ₦50,000 = (15/100) x ₦50,000 = ₦7,500 He spends ₦13,600 on food. He spends 3% of his income on electricity. 3% of ₦50,000 = (3/100) x ₦50,000 = ₦1,500 Therefore, the total amount he spends on education, food and electricity is: ₦7,500 + ₦13,600 + ₦1,500 = ₦22,600 To find out how much he has left for personal purposes, we subtract the total amount he spends from his income. ₦50,000 - ₦22,600 = ₦27,400 Therefore, he has ₦27,400 left for his personal purpose. So the answer is N27,400.