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Matthew's wage is £320 per week. He spends 5/8 of his wage on food. 5% goes on the household bills and the rest is saved. How much does Matthew save each week?

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Answer:

£104

Step-by-step explanation:

Matthew's wage is £320 per week.

5/8 of his wage is spent on food. 5/8 of £320 is:

[tex]\frac{5}{8} * 320[/tex] = £200

5% goes on the household bills. 5% of £320 is:

[tex]\frac{5}{100} * 320[/tex] = £16

The amount left to save is therefore:

320 - (200 + 16) = 320 - 216 = £104

Matthew saves £104.

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