Budget Allocation and Expense Analysis

Budget Allocation and Expense Analysis

Assessment

Interactive Video

Mathematics

6th - 8th Grade

Hard

Created by

Thomas White

FREE Resource

The video tutorial explains how to analyze a family's monthly budget by calculating the fractional parts, percentages, and degree measures of various expenses such as education, food, transportation, utilities, rent, and savings. It demonstrates how to verify these calculations by ensuring the total matches the given income and that all percentages and degree measures sum up correctly.

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22 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total income of the family?

$25,000

$30,000

$20,000

$15,000

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT listed as an expense category?

Rent

Entertainment

Food

Education

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What fraction of the total income is spent on education?

1/5

1/10

1/8

1/4

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of the total income is allocated to education?

5%

10%

15%

20%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many degrees in a pie chart represent the education expense?

108 degrees

36 degrees

54 degrees

72 degrees

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What fraction of the total income is spent on food?

3/10

1/5

1/4

1/3

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of the total income is allocated to food?

20%

25%

30%

35%

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