Question

Ethan's monthly salary is $1850. In a particular month, he spent 20.5% of his salary on room rental, $690 on food and $940 on other expenses. Express the amount that he overspent as a percentage of his monthly salary, giving your answer correct to 2 decimal places.​

Answer 1

He overspent 8.61% as a percentage of his monthly salary.

Explanation:

Answer 2

8.61% (2 dp)

Explanation:

Salary = 1850

Food = 690

Other = 940

Rent = 20.5% = 20.5/100 = 0.205

Therefore, 20.5% of the salary = 0.205 x 1850 = 379.25

Total spent = 690 + 940 + 379.25 = 2009.25

Percent change = [ (difference between initial and final value) ÷ initial value] x 100

=[(2009.25 - 1850) ÷ 1850] x 100 = 8.61% (2 dp)