232k views
3 votes
From net earnings of $740 per month, lisa jones must spend $200 for her portion of the rent on an apartment she shares with two friends. what percent of her net income is her rent payment?

A. 38%
B. 73%
C. 27%
D. 32%

User Ashur
by
8.3k points

2 Answers

1 vote
27%

(200)/(740) * (100)/(1)
User Agamemnus
by
8.6k points
4 votes

Solution:

She spends 27% of her net income in rent.

Step-by-step explanation:

We have been given that the net earning of Lisa jones is $740.

The monthly rental for the apartment is $200. We have to find the percentage of the net income spent in the rent.

The formula is given by


\%=\frac{\text{Amount spent in rent}}{\text{Net income}}* 100

Plugging the known values, we get


\%=(200)/(740)* 100\\\\\%=(2000)/(74)* 100\\\\\%=27\%

Therefore, she spends 27% of her net income in rent.

C is the correct option.

User Valery Ramusik
by
8.2k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories