Math Snap

STEP 1

1. Ed spent a total of $\$50$ last month.
2. He spent $40\%$ of his total spending at the movies.
3. We need to calculate the amount of money spent at the movies.

STEP 2

1. Define the variable.
2. Set up the equation using the percentage.
3. Solve the equation.

STEP 3

Let $x$ be the amount of money Ed spent at the movies.

STEP 4

Set up the equation using the percentage. Since $40\%$ of the total amount $\$50$ was spent at the movies, we can write:
$$x = 0.40 \times 50$$

Calculate the amount of money spent at the movies:
$$x = 0.40 \times 50 = 20$$ The amount of money Ed spent at the movies is:
\boxed{\($\)20}