Question

Calculate the total budget and then fill in the missing percentages. You will use some of the answers given more than once. Total budget = Household Budget Item Percent % Amount $ Donations 1,620 Taxes 1,620 Food 3,510 Clothing 2,700 Housing 1,350 Transportation 675 Insurance 675 Savings 675 Recreation and miscellaneous 675

Answer 1

Total budget = $13,500

Donations = 12%

Taxes = 12%

Food = 26%

Clothing = 20%

Housing = 10%

and the rest are 5 %

Answer 2

Explanation:

To calculate the percentage of each expenses we use this formula :

`(amountofbudgetitem)/(Totalbudget)` × 100

Household Budget Items Amount ($) Percentage

Donations 1,620 12%

Taxes 1,620 12%

Food 3,510 26%

Clothing 2,700 20%

Housing 1,350 10%

Transportation 675 5%

Insurance 675 5%

Savings 675 5%

Recreation and

miscellaneous 675 5%

Total Budget 13,500 100%