Question

the monthly expenses in mr okon family is supposed to be decreased by 17.5 %.if his monthly expenses was formally 85000.00 find his new monthly expenses___

Answer 1

To find the new monthly expenses, we need to decrease the original monthly expenses by 17.5%. The new monthly expenses are $70,125.

Step-by-step explanation:

To find the new monthly expenses, we need to decrease the original monthly expenses by 17.5%.

Step 1: Calculate the decrease in expenses:

Decrease = 17.5% of $85,000

Decrease = (17.5/100) * $85,000

Decrease = $14,875

Step 2: Subtract the decrease from the original monthly expenses:

New monthly expenses = $85,000 - $14,875

New monthly expenses = $70,125

Therefore, the new monthly expenses are $70,125.