Answer:
$48
Step-by-step explanation:
Given that:
Money spent on clothing last month = $40
Money spent this month is 120% of the spending of the last month.
To find:
A proportion to model this situation.
And the spending done this month?
Solution:
Let us have a look at 120% first.

of
can be found by comparing
with 5, then we have to find the equivalent of 6.
Here,
is 40.
5 parts are equivalent to 40
1 part is equivalent to 
6 parts are equivalent to 
OR
simply:
