Lizette budgets $375 each month for fixed expenses. What percent of her income is that amount if she nets $1536 each month?

Question

Ward

Mathematics

14 November, 06:54

Lizette budgets $375 each month for fixed expenses. What percent of her income is that amount if she nets $1536 each month?

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Answers (1)

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Stokes · Answer 1

Percentage can be calculated by using the following rule:

percentage = (fraction/total) x 100

Now, for this problem, the fraction of money used for expenses is 375$ while the total amount is 1536$

Substitute with these values in the above equation:

percentage = (375/1536) x 100 = 24.414%