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Answer :
Final answer:
Sam spends 90% of his income on expenses, and the remaining 10% of his income is his savings.
Explanation:
To calculate the percentage of Sam's income that is his expenses, you would divide the expenses by the income and then multiply by 100. Therefore, the calculation would be ($3600 / $4000) * 100, which equals 90%. This means that 90% of Sam's income is spent on his expenses.
Next, to calculate the percentage of Sam's income that is his savings, you need to first determine the amount saved by subtracting the expenses from the income. Sam's savings are $4000 - $3600 = $400. To find the percentage, you would then divide the savings by the income and multiply by 100. So, the calculation is ($400 / $4000) * 100, resulting in 10%. This indicates that 10% of Sam's income is saved.
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