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madreJ [45]
3 years ago
13

Jessica earns 800 each month working a part time job. she wants to save a total of 2,400 for collage over a one- year period. wh

at percentage of Jessica's total monthly budget should go to her collage savings to meet her goal
Mathematics
1 answer:
grigory [225]3 years ago
8 0

Answer:

25%

Step-by-step explanation:

Given parameters:

Amount earned by Jessica per month = 800

Total savings target per year  = 2400

Unknown:

Percentage of savings = ?

Solution:

The total earning per year will be the amount earned per month multiplied by the total number months;

 Amount earned in a year = 12 x 800  = 9600

Let the percentage of savings per year  = y%

  Now;

              2400 = \frac{y}{100} x 9600

                  y = 25%

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To solve for these, we will use formulas and convertions as we go.
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