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Alberto’s monthly income is $3,200. Part of Alberto’s monthly budget is shown in the table.
Monthly Budget
Category Amount of Money
Rent $896
Groceries $384
Savings $165
Car payment $428
Utilities $120
What percentage of Alberto’s income is used to pay for his rent and groceries?

Sagot :

Using the percentage concept, it is found that 40% of Alberto’s income is used to pay for his rent and groceries.

What is a percentage?

The percentage of an amount a over a total amount b is given by a multiplied by 100% and divided by b, that is:

[tex]P = \frac{a}{b} \times 100\%[/tex]

In this problem:

  • Alberto’s monthly income is $3,200, hence b = 3200.
  • He spends 896 + 384 = $1280 in rent and groceries, hence a = 1280.

Then, the percentage is given by:

[tex]P = \frac{1280}{3200} \times 100\% = 40\%[/tex]

More can be learned about the percentage concept at https://brainly.com/question/10491646