Accountancy, asked by bvndlela, 1 month ago

A college student's monthly expenses are analyzed as follows:
1/8 for stationery, 1/3 for fuel.1/6 for parking, and the rest for food. The students' total expenses for February amounted to R4500. Calculate the rand value of the food expenses.
Round off answer to 2 decimal places.

Answers

Answered by kumarumeshbind
0

Explanation:

by using given data

 \frac{1}{8}  \times 4500 +  \frac{1}{3}  \times 4500 +  \frac{1}{6}  \times 4500 + f \times 4500 = 4500 \\  \frac{1}{8}  +  \frac{1}{3}  +  \frac{1}{6}  + f = 1 \\  \frac{3 + 8 +4 +  24f}{24}  = 1 \\  15 + 24f = 24 \\ f =  \frac{9}{24}  =  \frac{1}{ \frac{8}{3} }

3/8×4500=3×1125/2= 1.5×1125= 1687.5

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