Question

Can someone explain how i do this - Bus math
Given the net income, the percent budgeted for three variable expenses, and the amount of an unexpected bill, determine how much money should be taken from the indicated budget category to cover this bill. Remember to use the formula: item percent ÷ sum of the percents × amount of unexpected expense = amount taken from each budget category

Net income: $279
Percent item 1: 25%
Percent item 2: 10%
Percent item 3: 7%
Bill due: $78.50
Amount taken from item 3: __________

Answer 1

Oh hi again!

Answer 2

hello lol, one sec

Answer 3

sum of percents: 25+10+7 = 42

so it looks like for item 3, you would get


item percent ÷ sum of the percents × amount of unexpected expense = (7/42) * 78.50 = 13.083333333 = 13.08

so about 13.08 dollars

Answer 4

what is the amount of unexpected expense, there is not one right?

Answer 5

that's what I was hung up on for a sec

Answer 6

but I think that's the Bill due: $78.50 line

Answer 7

it's not the net income I don't think

Answer 8

Oh ok!

Answer 9

because it says

Given the net income, the percent budgeted for three variable expenses, and the amount of an unexpected bill

so the net income is already accounted for

Answer 10

Also, if you plug in the net income it isn't one of the answers listed $25.75 , $13.08 $68.50 ) But 13.08 is! Thank you !

Answer 11

ok great, glad some of my answers are lining up lol