Look at Jerrys monthly budget below. What percentage of Jerrys net income is spent on transportation?
Net Monthly Income: 2,970.00
Housing: $750.00
Utilities: $120.00
Food: $450.00
Transportation: $650.00
Savings: $300.00
Other Expenses: $500.00
Total Monthly Expenses: 2,970.00
A. 28%
B. 25.3%
C. 86.7%
D. 21.9%
