Seema is managing her monthly budget and wants to analyze her spending patterns. With a total monthly income of ₹60,000, she has allocated her budget as follows: 30% for rent, 15% for groceries, 10% for utilities, and 25% for savings. The remaining amount is designated for miscellaneous expenses. Seema seeks to understand how her spending aligns with these allocations and to assess whether she is staying within her financial goals.(a) How much does Seema spend on rent in rupees?(b) What is the amount spent on groceries in rupees?(c) Calculate the amount allocated to utilities.(d) How much does Seema save each month?(e) Determine the amount spent on miscellaneous expenses.
Q. Seema is managing her monthly budget and wants to analyze her spending patterns. With a total monthly income of ₹60,000, she has allocated her budget as follows: 30% for rent, 15% for groceries, 10% for utilities, and 25% for savings. The remaining amount is designated for miscellaneous expenses. Seema seeks to understand how her spending aligns with these allocations and to assess whether she is staying within her financial goals.(a) How much does Seema spend on rent in rupees?(b) What is the amount spent on groceries in rupees?(c) Calculate the amount allocated to utilities.(d) How much does Seema save each month?(e) Determine the amount spent on miscellaneous expenses.
Rent Calculation: Reasoning: Calculate the amount spent on rent. Calculation: ₹60,000 * 30% = ₹60,000 * 0.30 = ₹18,000 Math Error Check: ₹60,000 * 0.30 = ₹18,000
Groceries Calculation: Reasoning: Calculate the amount spent on groceries. Calculation: ₹60,000 * 15% = ₹60,000 * 0.15 = ₹9,000 Math Error Check: ₹60,000 * 0.15 = ₹9,000