What percentage of the budget is spent on housing? Category Amount spent per month Housing $1,302 Taxes $1,550 Food $558 Clothin

Question

2 years ago

12

What percentage of the budget is spent on housing? Category Amount spent per month Housing $1,302 Taxes $1,550 Food $558 Clothin

g $124 Entertainment $124 Transportation $372 College Savings $558 Retirement Savings $558 Gasoline $248 Emergency Savings $310 Utilities $496 Question 2 options: 21% 15% 17% 30%

Mathematics

1 answer:

docker41 [41] · Answer 1 · 2022-07-19T11:07:07+03:00

docker41 [41]2 years ago

3 0

Answer:

21%

Step-by-step explanation:

step 1

Find out the total amount of the budget

$(\$1,302+\$1,550+\$558+\$124+\$124+\$372+\$558+\$558+\$248+\$310+\$496)=\$6,200$

step 2

To find out what percentage of the budget is spent on housing, divide the amount spent on housing by the total budget and multiply by 100

$( \$1,302/ \$6,200)100=21\%$