Question

Sandra budgets $580 each month for living expenses. She nets $1640 semimonthly.

What percent of her net monthly income does she budget for living expenses?



35%


24%


18%


16%

Answer 1

18%

Explanation:

Answer 2

Answer:18%

Explanation:

Sandra's Monthly budget on expenses for living expenses = $580

Sandra's semimonthly net = $1640

Sandra's monthly net = $1640 x 2 = $3280

The percent of her net monthly income that she budget on living expenses is:

= (Budget on living expenses / Monthly net) x 100

= (580 / 3280) x 100

= (0.176829) x 100

= 17.68% = 18% (approximately)