Question

This Paula’s monthly budget. What percent of her expenses is spent on insurance

Answer 1

What is Paulas monthly budget
On a website called "soft math," it says that the answer is 19.99%

Answer 2

`100I/M`, in which I is how much she spends on insurance and M is her total budget.

Step-by-step explanation:

Let's suppose that Paula has a monthly budget of M.

Let's also suppose that she spends I monthy on insurance.

We can solve this problem by a rule of three, in which M is 100%. How much % is I? So:

M - 100%

I - x%

`Mx = 100I`

`x = 100I/M`