Question

Your yearly office supply budget is $1,200. You spend $350 each year on paper. What percent of your budget do you spend on paper? A. 42% B. 29% C. 41% D. 30%

Answer 1

The correct option will be: B. 29%

Step-by-step explanation

Total yearly office supply budget is $1200 and the amount spent each year on paper is $350.

For finding the percentage of paper, we will first divide the amount spent on paper by the total budget and then multiply by 100%

So, the percentage of paper
`= (350)/(1200)*100 = (350)/(12)= 29.1666...` % ≈ 29 %

So, 29% of your budget, you spend on paper.