# Joel spends 1/2 of his monthly income on food and rent, 1/4 of his income on clothing and 1/12 on his entertainment. He save the rest which is $500. what is his monthly income? oopsteekwe 2022-10-12 Answered Joel spends 1/2 of his monthly income on food and rent, 1/4 of his income on clothing and 1/12 on his entertainment. He save the rest which is$500. what is his monthly income?
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Jimena Torres
let his income be x
Then,
$\frac{x}{2}+\frac{x}{4}+\frac{x}{12}+500=x\phantom{\rule{0ex}{0ex}}x-\frac{x}{2}-\frac{x}{4}-\frac{x}{12}=500\phantom{\rule{0ex}{0ex}}\frac{12x-6x-3x-x}{12}=500\phantom{\rule{0ex}{0ex}}\frac{2x}{12}=500\phantom{\rule{0ex}{0ex}}x=3000$