Jose earns $3680 per month, of which 22% is taken out for federal and state income taxes and other required deductions. Last mon
th he spent $775 for rent and 86.12 on clothing. What percent of his take-home pay did he spend on rent and clothing combined?
2 answers:
Answer:
<h2>30%</h2>
Step-by-step explanation:
Step one:
monthly earnings= $3680
22% of the earnings is
=22/100*3680
=0.22*3680
=$809.6
Jose's take home will be
3680-809.6
=$2870.4
Step two:
Required
percentage spent on rent and clothing
but the total cost of rent and clothing is
=775+86.12
=$861.12
percentage of rent and cloth is
=(861.12/2870.4)*100
=0.3*100
=30%
<em><u>The percentage is 30% of the take home</u></em>
Answer: 30%
Step-by-step explanation:
Firstly, we find 22% of $3680. This will be:
= 22% × $3680
= 0.22 × $3680
= $809.60
Therefore, his take home pay will be:
= $3680 - $809.60
= $2870.40
We are further told that last month he spent $775 for rent and 86.12 on clothing. The amount combined will be:
= $775 + $86.12
= $861.12
The percent of his take-home pay did he spend on rent and clothing combined will be:
= 861.12 / 2870. 40 × 100
= 30%
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