Ginger and her friends have saved $5000 for an upcoming vacation. They plan to spend 2/5 on travel and lodging and 1/4 of the remainder on meals. How much money will Ginger and her friends have to spend on meals?

Answer 1

First, let's calculate the amount of money Ginger and her friends plan to spend on travel and lodging.

2/5 of $5000 = (2/5) * $5000 = $2000

Now, let's calculate the remainder of the money after spending $2000 on travel and lodging.

$5000 - $2000 = $3000

Next, let's calculate how much Ginger and her friends plan to spend on meals.

1/4 of $3000 = (1/4) * $3000 = $750

Therefore, Ginger and her friends will have $750 to spend on meals during their vacation.