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kykrilka [37]
3 years ago
7

Compute the total cost per year of the following pair of expenses. Then complete the sentence: On an annual basis, the first set

of expenses l Vern buys four lottery tickets each week at a cost of $5 each and spends 5650 per year on his textbooks % of the money spent to buy textbooks On an annual basis, the money spent on lottery tickets is (Round to the nearest percent as needed)
Mathematics
1 answer:
Orlov [11]3 years ago
8 0

Answer:

% of the money spent to buy textbooks On an annual basis = 18.40%

The total amount spent on the tickets per year = $1040

Step-by-step explanation:

Given:

Number of lottery tickets bought per week = 4

Cost of each lottery ticket = $5

Amount spent on books per year = $5650

Now,

The total amount spent on the tickets per year

= Total number of weeks per year × 4 × $5

= 52 × 4 × $5

= $1040

% of the money spent to buy textbooks On an annual basis

= \frac{\textup{Amount spent on lottery tickets per year}}{\textup{Amount spent on buying books per year}}\times100

=  \frac{\textup{1040}}{\textup{5650}}\times100

= 18.40%

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