Question

Peter earns $11,250 per year, of which 31% is spent on food. What amount is spent yearly on food?

Answer 1

$7762.5

Explanation:

31% is spent on food.

Subtract that from his income of 100%

you get 69%

Multiply 69% by his income, and you get $7762.5

Answer 2

Total amount spend by Peter on food is $3487.5.

Explanation:

Given information:

Income of Peter = $11,250 per year

Percent of income that he spends on food = 31%

We need to find the total amount that he spends yearly on food.

Total amount spent by peter on food is 31% of his income, i.e. 11,250.

`\text{Amount spend on Food}=11250* (31)/(100)`

`\text{Amount spend on Food}=3487.5`

Therefore total amount spent by Peter on food is $3487.5.