Question

Your housing and fixed expenses are $685.70/month. If they are 33% of your realized income, how much is your realized income per month?

a) $2,077.88


b) $2,790.55


c) $2,219.91


d) $2,488.16

Answer 1

$685.70÷33%=$2,077.88
A

Answer 2

Option a. $2077.88 is the correct answer.

Explanation:

Your housing and fixed expenses are $685.70 per month.

If they are 33% of your realized income.

Let your realized income per month be x

33% of x = $685.70

`(33)/(100)` of x = 685.70

0.33x = 685.70

x = 685.70 ÷ 0.33 = 2,077.8787 rounded to $2,077.88

Your realized income per month would be $2,077.88.