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Question 13 please I really need help and if you can show your work thank you

Question 13 please I really need help and if you can show your work thank you-example-1
User PhoenixS
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1 Answer

7 votes

Answer:

20.34 % of annual net income is spend on food.

Explanation:

Amount spend on food = $7104

Annual net income = $ 34,910

We need to find what percent of their annual net income is the amount spend on food.

The Formula used will be:


Percentage=(Amount\:spend\:on\:food)/(Annual\:net\:income)* 100

Putting values of amount spend on food and Annual net income and finding percentage


Percentage=(7104)/(34910)* 100\\Percentage=0.2034 * 100\\Percentage=20.34\%

So, 20.34 % of annual net income is spend on food.

User Berlin
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