Question

What percentage of the budget is Savings of any kind?

Category Amount spent per month
Housing $1,302
Taxes $1,550
Food $558
Clothing $124
Entertainment $124
Transportation $372
College Savings $558
Retirement Savings $558
Gasoline $248
Emergency Savings $310
Utilities $496
Question 4 options:

a.25%


b.31%


c.23%


d.18%

Answer 1

23%

Explanation:

$1,302

$1,550

$558

$124

$124

$372

$558

$558

$248

$310

+$496

________

6200

$558

$558

+$310

______

1426

1426/6200= .23

Answer 2

Answer: C. 23%

Explanation:

Total: 1,302 +1,550+558 +124 +124+372+558 +558 +248 +310 +496=6200

Savings total: 310 +558 +558=1426

so...

1426/6200= 0.23

23%