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?

1. Housing
2. Food (including eating out)
3. Car loan and Maintenance
4. Utilities
5. Phone
6. Clothing
7. Entertainment

Answer 1

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`