Sure, let's solve this problem step by step. Given the expenses and income, we need to find the total expenses and the amount of money left after expenses.
1. Income Details:
- Total Income: [tex]$50
2. Expenses Details:
- Rent: $[/tex]20
- Groceries: [tex]$15
- Transportation: $[/tex]5
3. Calculating Total Expenses:
- To find the total expenses, we sum up all the individual expenses:
[tex]\[
\text{Total Expenses} = \text{Rent} + \text{Groceries} + \text{Transportation}
\][/tex]
Substituting the values:
[tex]\[
\text{Total Expenses} = 20 + 15 + 5 = 40
\][/tex]
4. Calculating Money Left:
- To find the amount of money left after these expenses, we subtract the total expenses from the total income:
[tex]\[
\text{Money Left} = \text{Income} - \text{Total Expenses}
\][/tex]
Substituting the values:
[tex]\[
\text{Money Left} = 50 - 40 = 10
\][/tex]
Therefore, the total expenses are 40, and the amount of money left after these expenses is 10.
