Question

Look at Craig's budget below. Find the percentages associated with each category of his budget:



Monthly net income: $1,300


Expenses:

Housing: $325.00

Transportation: $150.00

Utilities: $60.00

Food: $400.00

Savings: $100.00

Other Expenses: $265.00

Answer 1

plz need help

Answer 2

monthly net income = 1300

housing = 325/1300 = 0.25 = 25%
transportation = 150/1300 = 0.115 = 11.5%
utilities = 60/1300 = 0.046 = 4.6%

do you understand how I am doing these ?

Answer 3

no i still dont get can you plz explain

Answer 4

part/whole....and the whole amount, in this problem, is always gonna be 1300

so for housing....put the housing amount and divide it by the whole amount
325/1300....now divide them....use a calculator and turn this into a decimal
325/1300 = 0.25.....now turn it into a percent by moving the decimal two spaces to the right...or you can just multiply it by 100....thus, giving you 25%
does that help clear things up ?

Answer 5

for food, it would be 400/1300....then turn to a decimal, then a percent

Answer 6

some what so im dividing the net monthly income with each expense than turning the decimal into a percent correct

Answer 7

correct...now your problem does not say round percent to nearest whole number....so, I am guessing you do not have to round them.

Answer 8

any more problem with this and you can just tag me :)

Answer 9

for food i got 0.307692 if i change it it should 30.78 @texaschic101

Answer 10

right