Definitions Expenses word problems figure it out
100
money spent on various things
What is an expense?
100
variable
Is groceries a variable or fixed expense
100

$767
Mr. B's total income is $1,223 a month, his total outgo is $456, how much does he have left over each month?
100
$6.25
Jay has a job that requires a clean shirt every day. It costs $1.25 to have a shirt washed and ironed. What is Jay's fixed expense for clean shirts in a five day week?
200
unchanging expense
What is a fixed expense?
200
variable
Is gasoline a variable or fixed expense
200
$40.13
How much more did Mr. B spend on food than clothing?
200

$1.25
If Mary takes the bus to work, she pays $0.50 a day. If she carpools she pays $0.75 a day. How much does she save if she takes a bus for five days?
300
a changing expense
What is a variable expense?
300
fixed
Is rent a variable or fixed expense
300

$150
How much more did Mr. B spend on housing then his car loan?
300
$7
If David packs his lunch, it costs about $10.50 for a five day week. If he uses the lunch wagon, it costs about $3.50 a day. How much does he save each week by packing a lunch?
400
money paid out for expenses
What is outgo?
400
fixed
Is a car payment a variable or fixed expense
400

$67.50
How much did Mr. B spend on utilities, savings, and gifts?
400
$20
Marks fixed expense to get to work include $1 a day for bus fare. He also pays $3 for lunch. How much does he need for bus fare and lunch for a five day week?
500
services such as electricity, gas, water, and garbage pickup
What are utilities?
500
variable
Are utilities a variable or fixed expense
500

fixed
Did Mr. B spend more on fixed or variable expenses?
500
$4.20
Alice spent these amounts on lunch during a five day week at work: $3.50, $4.50, $3.25, $5.50 and $4.25. What was her average expense for lunch? hint: add then divide by 5






Math Chapter 1

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