Question

If your monthly income is $300 and you spend $50 on clothes, what percent of your monthly budget is spent on clothing

Answer 1

Answer:

16.6%

Step-by-step explanation:

Given : Your monthly income is $300

            You spend $50 on clothes

To Find:  what percent of your monthly budget is spent on clothing

Solution:

Since Your monthly income is $300

You spend $50 on clothes

So, the percent of your monthly budget is spent on clothing :

$\frac{\text{amount spent on clothes}}{\text{monthly income}} *100$

⇒$\frac{50}{300}*100$

⇒$\frac{1}{6}*100$

⇒$0.166*100$

⇒$16.6$

Thus 16.6% of your monthly budget is spent on clothing

Answer 2

Here is the answer to the problem above. So, if the monthly income is $300 and $50 was spent on clothing, we will find the percentage of $50 from $300 by dividing 50 by 300 then multiply the quotient by 100. So the answer is 16.67%. So the answer is 16.67%. Hope this answers your question.