Question

Neals family spends $7,104 annually for food. Approximately what percent of their $34,910 annual net income is this amount?

Answer 1

Total income= $34910

Amount spent on food = $7104

`\begin{gathered} \text{ \% of income spent on food =}\frac{\text{ Amount spent on food}}{\text{ Total income }}\text{ x 100} \\ =(7104)/(33910)\text{ x 100} \\ =20.95\text{ \%} \end{gathered}`