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Answer:
To calculate how much money Mr. Renuma saved in a year and how much he spent on food and bills, we can follow these steps:
Given:
- Monthly salary of Mr. Renuma: $48,510
- He saved 2/9 of his salary
- He spends the rest on food and bills
Calculation:
1. Amount Saved in a Month:
- Mr. Renuma saved 2/9 of his salary each month.
- Amount saved = (2/9) * $48,510
2. Amount Spent on Food and Bills in a Month:
- Amount spent on food and bills = Total salary - Amount saved
3. Amount Saved in a Year:
- Amount saved in a year = Amount saved in a month * 12
4. Amount Spent on Food and Bills in a Year:
- Amount spent on food and bills in a year = Amount spent in a month * 12
Calculation Results:
1. Amount Saved in a Month:
- Amount saved = (2/9) * $48,510 = $10,780
2. Amount Spent on Food and Bills in a Month:
- Amount spent on food and bills = $48,510 - $10,780 = $37,730
3. Amount Saved in a Year:
- Amount saved in a year = $10,780 * 12 = $129,360
4. Amount Spent on Food and Bills in a Year:
- Amount spent on food and bills in a year = $37,730 * 12 = $452,760
Answer:
- Amount of Money Saved in a Year: $129,360
- Amount of Money Spent on Food and Bills in a Year: $452,760
Therefore, Mr. Renuma saved $129,360 in a year and spent $452,760 on food and bills.