Budgeting Word Problems

Samantha has a monthly income of $500. She spends 30% of her income on groceries, 20% on transportation, and 10% on entertainment. How much money does she spend on these three categories in total?

• $250 for groceries, $100 for transportation, and $50 for entertainment. In total, she spends $400 on these three categories.

• $100 for groceries, $200 for transportation, and $150 for entertainment. In total, she spends $450 on these three categories.

• $150 for groceries, $100 for transportation, and $50 for entertainment. In total, she spends $300 on these three categories.

• $200 for groceries, $150 for transportation, and $100 for entertainment. In total, she spends $450 on these three categories.

If John earns $800 per month and wants to save 25% of his income, how much money will he save each month?

• $300

• $200

• $400

• $100

A family's monthly income is $3000. They spend 40% on rent, 20% on groceries, and 10% on utilities. How much money is left after paying for these expenses?

• $2500

• $1500

• $2000

• $900

If a student earns $15 per hour and works 20 hours per week, how much money does the student earn in a month?

• $300

• $500

• $1000

• $1200

Ms. Vonn’s monthly budget is shown in the chart. She receives two paychecks per month. Ms. Vonn’s budget is balanced every month. How much is Ms. Vonn’s monthly car payment?

• $2,400

• $300

• $500

• $2,100

Tags

TEKS.MATH.5.4B

What can he do so that his budget is balanced?

• Increase his savings this month by $10

• Increase his allowance by $5

• Decrease his piano lessons by $5

• Decrease his entertainment costs by $10

Maria has 25 dollars.  She has to buy a gallon of milk which costs $3.50.  She wants to spend the rest of her money on cereal.  If each box of cereal costs $4.50, how many can she purchase?

• 4 boxes

• 5 boxes

• 6 boxes

• 7 boxes

A man walks to the store and he buys 5 pounds of broccoli, 8 avocados and 4 Green peppers.  He has $20. How much money does he get back?

• $6.99

• $12.15

• $3.21

• $2.35

Katie is buying 8 lemons, 3 bunches of green onions, and 6 ears of corn. Katie has $20.36. How much money does she have left?

• $14.23

• $24.36

• $15.37

• $12.36

Katie is buying 8 lemons, 3 bunches of green onions, and 6 ears of corn. Katie has $20.36. How much money does she have left?

• $14.23

• $24.36

• $15.37

• $12.36