The existing food truck earns $3,000 every day. Steve spends twelve-fifteenths of this amount to buy groceries for the food truck. In 5 days, how much money is Steve not spending on buying groceries for the food truck?
A
$3,000
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B
$1,000
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C
$90,000
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D
$10,000
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Solution
The correct option is A$3,000 Total amount of money earned in a day =$3,000
Total amount of money earned in 5 days =$3,000×5=$15,000
Fraction of money spent on buying groceries for the food truck =1215
Equivalent fraction of the money spent on buying groceries =45
Amount of money that is not spent on buying groceries = Whole - Part
Fraction of money not spent on buying groceries for the food truck =1−45=55−45=15
Amount of money not spent on maintaining the food truck for a month =$15000×15=150005=$3000