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Family Budget Ratios and Analysis

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Norhana Mangoranda Mustapha
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6 views1 page

Family Budget Ratios and Analysis

Uploaded by

Norhana Mangoranda Mustapha
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

BUSINESS MATH

A family of 5 people whose gross monthly income is PhP30,000 budgeted the


following amounts for their major monthly expenditures

House Rent Php 8,000


Food Php 6,000
Electricity Php 2,000
Others Php 1,000
a. What is the ratio of the house rent to the food bill?
b. What is the ratio of the food bill to the gross monthly income of the family?
c. What is the ratio of the electricity bill to the food bill?
d. What is the ratio of the other expenses to the gross monthly income of the
family?

Write each ratio as a fraction in simplest form.


a. In Metro Manila, 7 out of ten people live in rented homes.
b. In a village, 120 homes in 130 have cable TV connection.
c. In the Philippines, 35,000,000 out of 100,000,000 people are active in
Facebook.
d. In a college, there are 120 students on scholarship out of 500 students.

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