Question

Johanna budgets $1,128 each month for fixed expenses. What percent of her netmonthly income is that if she nets $3,153 semimonthly? Make answer a percentthen round to a whole percentage. Your Answer:

Answer 1

Given:

The amount for fixed expenses = $1,128.

Semimonthly income = $3,153

We know that a semimonthly payroll is paid twice a month.

`\text{Monthly income =2}*$3,153$=6306`

The percent of the monthly income is fixed expenses.

Let x be the required percentage.

`x\text{ \% 6306=1128}`

`x=(1128)/(6306)*100`

`x=17.88`

Round off.

`x=18\text{ \%}`

Hence the required percentage is 18.