Jada has a monthly budget for her cell phone bill. Last month she spent 120% of her budget, and the bill was $60. What is Jada's monthly budget

Assume that the budget is n.

Now we are given that 120% of the budget is equal to $60.

This means that:

60 = 1.2n

Solve the equation for n to know the budget:

60 = 1.2n

n = 60 / 1.2 = 50

Based on the above calculations, Jada's budget is 50$