Question

Madison’s monthly salary is $1348. If her budget for rent is 32% of salary, then how much is budgeted for rent?

Answer 1

$431.36 is budgeted for rent.

Explanation:

Given:

Madison’s monthly salary is $1348.

Her budget for rent is 32% of salary.

Now, to find the amount budgeted for rent.

So, salary = $1348.

And, budget for rent = 32% of $1348.

Thus, the budgeted for rent is:

`32\%\ of\ \$1348.`

`=(32)/(100) * 1348`

`=0.32* 1348`

`=\$431.36.`

Therefore, $431.36 is budgeted for rent.