Given data:
The total average monthly income is I=$1,825.
The budget on housing is,
[tex]\begin{gathered} H=1825(\frac{27}{100}) \\ =492.75 \end{gathered}[/tex]
The budget on Food is,
[tex]\begin{gathered} F=1825(\frac{20}{100}) \\ =365 \end{gathered}[/tex]
The budget on transportation is,
[tex]\begin{gathered} T=1825(\frac{13}{100}) \\ =237.25 \end{gathered}[/tex]
The budget on clothing is,
[tex]\begin{gathered} C=1825(\frac{9}{100}) \\ =164.25 \end{gathered}[/tex]
The budget on saving is,
[tex]\begin{gathered} S=1825(\frac{8}{100}) \\ =146 \end{gathered}[/tex]
The budget on gift is,
[tex]\begin{gathered} G=1825(\frac{7}{100}) \\ =127.75 \end{gathered}[/tex]
The budget on insurance and entertainment is equal.
[tex]\begin{gathered} i=e=1825(\frac{5}{100}) \\ =91.25 \end{gathered}[/tex]
The budget on health and miscellaneous is equal.
[tex]\begin{gathered} h=m=1825(\frac{3}{100}) \\ =54.75 \end{gathered}[/tex]
