Question

a woman earns $3000 per month and budgets $420 per month for food. what percent of her monthly income is spent on food

Answer 1

In order to calculate the required percentage, first calculate the quotient between the money spent for food and the total money of the incomes:

420/3000 = 0.14

next, multiply the previous result by 100:

0.14 x 100 = 14%

Hence, the percentage spent in food is 14%