1 What is his total budgeted expenditure? 2 What percentage of his income can he save for emergencies? 3 The Petrol price increases by 10%. By how much does he need to adjust his Petrol budget? and what is the total amount he need to spend for petrol after it has increased?

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter2: Systems Of Linear Equations
Section2.4: Applications
Problem 27EQ
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2.1
Lebo is the main brendwinner in his family. He has worked out the following
budget for his family:
Income:
R15 250 after tax
Expenditure:
House
R4 900
RI 800
Car
Medical aid
Petrol
R950 (his company pays the other half)
R720
Telephone
Food and clothing
Entertainment
R350
R3 500
R300
RI 200
Education
2.1.1 What is his total budgeted expenditure?
2.1.2 What percentage of his income can he save for emergencies?
2.1.3 The Petrol price increases by 10%. By how much does he need to adjust his Petrol budget? and what is
the total amount he need to spend for petrol after it has increased?
Transcribed Image Text:2.1 Lebo is the main brendwinner in his family. He has worked out the following budget for his family: Income: R15 250 after tax Expenditure: House R4 900 RI 800 Car Medical aid Petrol R950 (his company pays the other half) R720 Telephone Food and clothing Entertainment R350 R3 500 R300 RI 200 Education 2.1.1 What is his total budgeted expenditure? 2.1.2 What percentage of his income can he save for emergencies? 2.1.3 The Petrol price increases by 10%. By how much does he need to adjust his Petrol budget? and what is the total amount he need to spend for petrol after it has increased?
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