The table shows the monthly expenditure (in percentage) of Mr. Okafor's salary.
(a)
Calculate the percentage of Mr. Okafor's salary that was put into savings.
(b)
Illustrate the information on a pie chart.
Model answer
Each 1% is 3.6∘, so the angles are food and drinks 126∘, fuel 27∘, rent 36∘, building project 54∘, education 63∘ and savings 54∘ (total 360∘). Draw each sector with a protractor and label it.
(c)
If Mr. Okafor's annual gross salary is $28,800.00 and he pays tax of 12%, calculate: (i) his monthly tax; (ii) the amount saved each month.
Worked solution (try it first)
(a)
The percentages must add up to 100.
The others total 35+7.5+10+15+17.5=85, so savings are 100−85=15%.
(b)
100% is the whole circle, 360∘, so 1%=3.6∘.
Food and drinks 35×3.6∘=126∘, fuel 27∘, rent 36∘, building project 54∘, education 63∘, savings 54∘.
Check: they add up to 360∘.
Draw the sectors with a protractor and label each with the item and its angle.
(c)(i)
Annual tax =12% of $28,800 =0.12×28800
=$3,456.
Monthly tax =123456
=$288.00.
(ii)
After tax he has 28800−3456=$25,344 a year, which is 1225344=$2,112 a month.