Question

In a young single person's monthly budget, $150 is spent on food, $175 is spent on housing, and $175 is spend on other items. Suppose you drew a circle graph to represent this information, what percent of the graph represents housing?

Answer 1

To find the percentage of the monthly budget that housing represents in a circle graph, divide the housing cost ($175) by the total monthly expenses ($500) and multiply by 100. This calculation shows that housing accounts for 35% of the monthly budget.

Step-by-step explanation:

When representing a monthly budget on a circle graph, or pie chart, you need to find out what percentage of the total budget each category represents. In this case, a young single person spends $150 on food, $175 on housing, and $175 on other items. To find the percentage that represents housing, we first need to calculate the total amount of monthly expenses which are $150 for food, $175 for housing, and $175 for other items, adding up to a total of $500.

Next, we calculate the percentage that the housing expense represents by dividing the housing cost by the total expenses and then multiplying by 100 to get a percentage:

• Housing Percentage = (Housing Cost / Total Expenses) x 100
• Housing Percentage = ($175 / $500) x 100
• Housing Percentage = 0.35 x 100
• Housing Percentage = 35%

Therefore, housing represents 35% of the total monthly budget on the circle graph.