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Divide the amount spent on utilities (285 dollars) over the total expenses (2376 dollars) to get...
285/2376 = 0.1199
which is approximate
Move the decimal over 2 spots to the right to go from 0.1199 to 11.99% which is the final answer (this is approximate as well)
Note: Moving the decimal over 2 spots to the right is the same as multiplying by 100. So that means 0.1199*100% = 11.99%
285/2376 = 0.1199
which is approximate
Move the decimal over 2 spots to the right to go from 0.1199 to 11.99% which is the final answer (this is approximate as well)
Note: Moving the decimal over 2 spots to the right is the same as multiplying by 100. So that means 0.1199*100% = 11.99%
[tex]11.99[/tex]% is the percentage of the expenses spent on utilities.
What is the Percentage?
In mathematics, a percentage is a number or ratio expressed as a fraction of 100. It is often denoted using the percent sign, "%", although the abbreviations "pct.", "pct" and sometimes "pc" are also used. A percentage is a dimensionless number; it has no unit of measurement.
According to question, monthly budget for reed family are
Housing = $800.00
Groceries = $425.00
Utilities = $285.00
Miscellaneous = $120.00
Transportation = $150.00
Insurance = $286.00
Savings = $200.00
Healthcare = $60.00
Clothing = $50.00
Total Expenses = $2,376.00
We have to find the percent of the expenses spent on utilities.
So, percent of the expenses spent on utilities
[tex]=\frac{285}{2376}[/tex]×[tex]100[/tex]
[tex]=11.99%[/tex]%
Hence,[tex]11.99[/tex]% is the percentage of the expenses spent on utilities.
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