Question

Given that a household spends on average 25 percent of their annual income on groceries. If they spend $2500.00 ongroceries in a year. What is their annual income?

Answer 1

`\$10,000.00`

Step-by-step explanation

The family spends 25% of its annual income on groceries and they spend $2500.00 on groceries.

Let the annual income be A.

This means that:

`25\%\cdot A=\$2500`

Now, solve for A:

`\begin{gathered} (25)/(100)\cdot A=2500 \\ A=2500\cdot(100)/(25) \\ A=\$10,000.00 \end{gathered}`

That is the annual income of the family.