Question

From net earnings of $740 per month. Lisa Jones must spend $200 for her portion of the rent on an apartment sh shares with two friends. What percent of her net income is her rent payment?

Answer 1

Percent = per one hundred

Multiply both sides by 100

p/100 = 200/740

p = 100*200/740

p = 20000/740 %

p = 1000/37 %

p = 27.027 %

p = 27%

Answer 2

27.02%

Explanation:

The word percent (per-cent as the name suggests) means one part in every hundred.

To find out what percent of Lisa's net income is her apartment's rent payment, we simply need to divide her rent payment by the her net earnings and multiply it with 100.

`(200)/(740)` ×
`100`

`=0.270` ×
`100`

`= 27.02%`

Therefore, Lisa Jones rent payment make up 27.02% of her total earnings.