Question

Caroline Kennedy earns an average disposable income of $3,300 per month. This year, she spent $3,550 on clothing. To the nearest tenth of a percent, what percent of herdisposable annual income did she spend on clothing?7.5%8.0%8.5%9%None of these choices are correct.ООООО

Answer 1

If she earns $3,300 per month, her disposable annual income is:

`12\cdot3300=39600`

So, we whats is the $3,550 percentile of $39,600:

`\begin{gathered} P=(3550)/(39600)100\text{ \%} \\ P=9.0\text{ \%} \end{gathered}`

The option is 9.0%.