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What percentage of take-home pay is spent on expenses? (round to nearest whole percent) a) 67% b) 68% c) 84% d) 85%

Sagot :

The percentage of take-home pay is spent on expenses is 85% round to nearest whole percent.

What is percentage of a number?

Percentage of a number is the part of the number expressed in the in every hundred. Percentage of a number is expressed with the symbol '%'  known as percentage symbol.

In the attached image below the monthly budget is shown. In this budget the take home salary is $5388 and the total expences is $4558.

The percentage of take-home pay is spent on expenses is,

[tex]P=\dfrac{4558}{5388}\times100\\P=0.8459\\P\approx85\%[/tex]

Thus, the percentage of take-home pay is spent on expenses is 85% round to nearest whole percent.

Learn more about the percentage here;

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