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Jose earns $3680 per month, of which 22% is taken out for federal and state income taxes and other required deductions. Last month he spent $775 for rent and 86.12 on clothing. What percent of his take-home pay did he spend on rent and clothing combined?

2 Answers

7 votes

Answer:

30%

Explanation:

Step one:

monthly earnings= $3680

22% of the earnings is

=22/100*3680

=0.22*3680

=$809.6

Jose's take home will be

3680-809.6

=$2870.4

Step two:

Required

percentage spent on rent and clothing

but the total cost of rent and clothing is

=775+86.12

=$861.12

percentage of rent and cloth is

=(861.12/2870.4)*100

=0.3*100

=30%

The percentage is 30% of the take home

User Zad
by
5.6k points
5 votes

Answer: 30%

Explanation:

Firstly, we find 22% of $3680. This will be:

= 22% × $3680

= 0.22 × $3680

= $809.60

Therefore, his take home pay will be:

= $3680 - $809.60

= $2870.40

We are further told that last month he spent $775 for rent and 86.12 on clothing. The amount combined will be:

= $775 + $86.12

= $861.12

The percent of his take-home pay did he spend on rent and clothing combined will be:

= 861.12 / 2870. 40 × 100

= 30%

User Darren Newton
by
5.5k points
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