Question

Determine all of the percentages of each category in the Jones family budget.

Answer 1

Percentage of any given event from the overall overall event is given as the ratio expressed as a fraction of 100

`\text{Percentage of A=}\frac{Number\text{ of A}}{\text{Overall event}}*100`

Percentage of each category in the Jones family budget will be

`P=\frac{Expense\text{ of the category}}{\text{Total budget enpenses}}*100`

Percentage of Housing will give

`P_(housing)=\frac{expense\text{ of housing}}{\text{Total budget housing}}*100`
`\begin{gathered} P_(housing)=(600)/(3500)*100 \\ =17.14\text{ \%} \end{gathered}`
`\begin{gathered} P_(utilities)=(458)/(3500)*100 \\ =13.09\text{ \%} \end{gathered}`
`\begin{gathered} P_(food)=(700)/(3500)*100 \\ =20\text{ \%} \end{gathered}`
`\begin{gathered} P_(transportation)=(114)/(3500)*100 \\ =3.25\text{ \%} \end{gathered}`
`\begin{gathered} P_(insurance)=(366)/(3500)*100 \\ =10.46\text{ \%} \end{gathered}`
`\begin{gathered} P_{care\text{ products}}=(50)/(3500)*100 \\ =1.43\text{ \%} \end{gathered}`
`\begin{gathered} P_(medical)=(140)/(3500)*100 \\ =4\text{ \%} \end{gathered}`
`\begin{gathered} P_{reading\text{ and education}}=(60)/(3500)*100 \\ =1.71\text{ \%} \end{gathered}`
`\begin{gathered} P_(entertainment)=(436)/(3500)*100 \\ =12.46\text{ \%} \end{gathered}`
`\begin{gathered} P_(miscellaneous)=(76)/(3500)*100 \\ =2.17\text{ \%} \end{gathered}`
`\begin{gathered} P_{\text{clothing}}=(500)/(3500)*100 \\ =14.29\text{ \%} \end{gathered}`