Question

How do you work out this problem, step by step please I am so lost. Year Average Household Income (before taxes) Food Housing Transportation Entertainment 2000 $44,649 $5,158 $12,319 $7,417 $1,863 2007 $63,091 $6,133 $16,920 $8,758 $2,698 2014 $66,877 $6,799 $17,798 $9,073 $2,728 What percent of the average household income in 2000 was spent on food? Transportation? Round to the nearest percent.

Answer 1

Answer:

(a)Food-12%

9b)Transportation-17%

Step-by-step explanation:

In the Year 2000

• Average Household Income (before taxes)=$44,649
• Amount Spent on Food =$5,158
• Amount Spent on Transportation=$7,417

Therefore:

(a)Percentage of the average household income in 2000 was spent on food

$=\dfrac{5158}{44649} \times 100\\\\=11.55\%\\\\\approx 12\% (to the nearest percent.)$

(b)Percentage of the average household income in 2000 was spent on transportation

$=\dfrac{7,417}{44649} \times 100\\\\=16.6\%\\\\\approx 17\% (to the nearest percent.)$