Question

The family budget is illustrated in the figure to the right. What percent of take-home pay is spent for education it education, savings, and miscellaneous funds are used foreducation?The percent of total take-home pay used for education is

Answer 1

To answer this question we will use the following expression to compute the percentage that x represents of y:

`(x)/(y)*100\%.`

The total amount spent on education is:

`\text{\$}136+\text{\$}170+\text{\$}90=\text{\$}396.`

The total amount is:

`\text{\$}400+\text{\$400+\$70+\$136+\$70+\$90+\$170+\$170+\$294=\$1800. }`

Therefore the percent of total take-home pay used for education is:

`\frac{\text{ \$}396}{\text{ \$}1800}*100\%=22\%.`

Answer: 22%.