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2 April, 19:37

Look at Jerry's monthly budget below. What percentage of Jerry's net income is budgeted for healthcare expenses?

Net Monthly Income:. $2,970.00

Expenses:

Housing: $750.00

Utilities: $120.00

Food: $450.00

Transportation: $650.00

Healthcare expenses: $200.00

Saving: $300.00

Other expenses: $500.00

Total Monthly Expenses:. $2,970.00

A 6.7%

B 10%

C 18%

D 67%

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  1. 2 April, 22:25
    0
    A. 6.7%

    Step-by-step explanation:

    A percentage is a part of one hundred written with %. If 100% of Jerry's income each month is $2,970.00 and Jerry spends a part of this income ($200) on heathcare, what is the percentage of his income he spends?

    We will divide 200/2,970 or the $ part / $ whole which equals 0.067. This decimal can be converted to a percent by multiplying it by 100.

    100 (0.067) = 6.7%
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