Question

Joel earns $1,700 per month . If he spends $425 on rent each month, what percent of his income does he spend on rent ?

A: 20%
B: 40%
C: 25%
D: 33 1/3%

Answer 1

Explanation:

The percent of his income does he spend on rent = (425 / 1700) * 100

= 425*100 / 1700

= 425 /17

= 25%

Answer 2

The percentage of his income spend on rent is 25%

Explanation:

Given as :

The total earning of Joel per month = $1700

The expenses as rent per month = $425

Let the percentage spend on rent = x% of total earning

Or, $ 425 = x% of $1700

Or, $ 425 × 100 = x × $1700

Or, x =
`(42500)/(1700)`

∴ x = 25

Hence The percentage of his income spend on rent is 25% Answer