This is the monthly budget for the Reed family. What percent of the expenses is spent on utilities?

Housing = $800.00

Groceries = $425.00

Utilities = $285.00

Miscellaneous = $120.00

Transportation = $150.00

Insurance = $286.00

Savings = $200.00

Healthcare = $60.00

Clothing = $50.00

Total Expenses = $2,376.00

Question

Mathematics

Paula Holden

26 February, 16:05

This is the monthly budget for the Reed family. What percent of the expenses is spent on utilities?

Housing = $800.00

Groceries = $425.00

Utilities = $285.00

Miscellaneous = $120.00

Transportation = $150.00

Insurance = $286.00

Savings = $200.00

Healthcare = $60.00

Clothing = $50.00

Total Expenses = $2,376.00

+4

Answers (1)

Know the Answer?

Iris Valenzuela · Answer 1

Divide the amount spent on utilities (285 dollars) over the total expenses (2376 dollars) to get ...

285/2376 = 0.1199

which is approximate

Move the decimal over 2 spots to the right to go from 0.1199 to 11.99% which is the final answer (this is approximate as well)

Note: Moving the decimal over 2 spots to the right is the same as multiplying by 100. So that means 0.1199*100% = 11.99%

This is the monthly budget for the Reed family. What percent of the expenses is spent on utilities?Housing = $800.00Groceries = $425.00Utilities = $285.00Miscellaneous = $120.00Transportation = $150.00Insurance = $286.00Savings = $200.00Healthcare = $60.00Clothing = $50.00Total Expenses = $2,376.00