Savings-5%

Question

Others-25%
Food- 10%
Housing- 25%
All taxes- 35%

The pie chart above shows the Carson family's expenses for 1994. The Carsons had an income of $40,000 in 1994. In 1995 the Carsons income was $10,000 greater than in 1994. The family spent the same dollar amounts in three categories of housing, food, and other in 1995 as they did in 1994. If their taxes increased to 40% of their 1995 income, how many dollars went into savings in 1995?

Answer 1

taxes: 40% of 50000 = 20000
So, they had 30000 left to spend

In 1994 they spent of their $40000
Others-10000
Food- 4000
Housing- 10000
Total: 24000

That leaves 6000 for savings