Question

2. If you have budgeted 12% of your monthly income for groceries, how much can you spend on groceries if you earn $950 bi-weekly?

Answer 1

if you earn $950 bi-weekly, you earn 2 x 950 = $1900 per month. If you have budgeted 12% of your monthly income for groceries you need to find 12% of $1900: (1900 / 100) x 12 = 228. Answer: you can spend $228 a month on groceries.

Answer 2

bi weekly means you get paid every 2 weeks ( 2 times a month)

950*2 = 1900 per month for pay

1900*0.12 = 228 a month for food