Burt makes $3,300 per month. He pays $800 in taxes, $700 in rent, $450 on food (which includes eating out), $225 for a car payment, $150 in gas and maintenance, and $700 in entertainment every month. What is Burt’s surplus or deficit?
Responses

$0.
$0.

$25.
$25.

$275.
$275.

–$25.
–$25.


To calculate Burt's surplus or deficit, we need to subtract his monthly expenses from his monthly income.

**Income:**
- $3,300

**Expenses:**
- Taxes: $800
- Rent: $700
- Food: $450
- Car payment: $225
- Gas and maintenance: $150
- Entertainment: $700

**Total Expenses:**
\[
800 + 700 + 450 + 225 + 150 + 700 = 3,025
\]

**Surplus or Deficit:**
\[
3,300 - 3,025 = 275
\]

So, Burt has a **$275 surplus** each month.

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Would you like more details or have any questions?

Here are some related questions:
1. How much does Burt spend annually on rent?
2. What percentage of his income does Burt spend on food?
3. How much would Burt save in a year if his entertainment expenses were reduced by 20%?
4. If Burt's income increased by 10%, what would his new monthly surplus be?
5. How much more could Burt save each month by cutting his entertainment and food expenses by 10%?

**Tip:** Budgeting helps track where your money goes, and cutting back on non-essential expenses can increase your savings significantly!

Burt makes $3,300 per month. He pays $800 in taxes, $700 in rent, $450 on food (which includes eating out), $225 for a car payment, $150 in gas and maintenance, and $700 in entertainment every month. What is Burt’s surplus or deficit?

Calculate Burt's monthly surplus based on his income of $3,300 and expenses totaling $3,025. This problem explores arithmetic concepts in budgeting, including calculating total expenses and determining surplus or deficit. Suitable for students in Grades 5-7.

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