Question

After adding up all your expenses for the month you spent $465.36. your total budget for the month is$529.What percentage are under budget?(Round to the nearest whole percentage).Do not include symbol​

Answer 1

12%.

Explanation:

It is given that, after adding up all your expenses for the month you spent $465.36. your total budget for the month is $529.

Total budget = $529

Total expenditure = $465.36

Under budget = $529 - $465.36 = $63.64

We need to find the percentage of under budget.

`\%=\frac{\text{Under budget}}{\text{Total budget}}* 100`

`\%=(63.64)/(529)* 100`

`\%=0.12030* 100`

`\%=12.030\%`

`\%\approx 12\%`

Therefore, the required percentage is 12%.