Question

Joel earns $1,500 per month. If he spends $375 on rent each month, what percent of his income does he spent on rent?

Answer 1

So taking part over the whole month you will get % spent.

375/1500 = .25
Convert to percent by multiplying by 100.

.25 x 100 = 25%

He spends 25% of his income on rent each month.