Question

If your monthly income is $300 and you spend $50 on clothes, what percent of your monthly budget is spent on clothing

Answer 1

16.6%

Explanation:

Given : Your monthly income is $300

You spend $50 on clothes

To Find: what percent of your monthly budget is spent on clothing

Solution:

Since Your monthly income is $300

You spend $50 on clothes

So, the percent of your monthly budget is spent on clothing :

`\frac{\text{amount spent on clothes}}{\text{monthly income}} *100`

⇒
`(50)/(300)*100`

⇒
`(1)/(6)*100`

⇒
`0.166*100`

⇒
`16.6`

Thus 16.6% of your monthly budget is spent on clothing

Answer 2

Here is the answer to the problem above. So, if the monthly income is $300 and $50 was spent on clothing, we will find the percentage of $50 from $300 by dividing 50 by 300 then multiply the quotient by 100. So the answer is 16.67%. So the answer is 16.67%. Hope this answers your question.