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](https://tex.z-dn.net/?f=%5Cfrac%7B%5Ctextup%7BAmount%20spent%20on%20lottery%20tickets%20per%20year%7D%7D%7B%5Ctextup%7BAmount%20spent%20on%20buying%20books%20per%20year%7D%7D%5Ctimes100)
= ![\frac{\textup{1040}}{\textup{5650}}\times100](https://tex.z-dn.net/?f=%5Cfrac%7B%5Ctextup%7B1040%7D%7D%7B%5Ctextup%7B5650%7D%7D%5Ctimes100)
= 18.40%