From net earnings of $740 per month, Lisa Jones must spend $200 for her portion of the rent on an apartment she shares with two friends. What percent of her net income is her rent payment? A. 32% B. 27% C. 38% D. 73%
Answer:
The 27% Lisa Jones net income is her rent payment .
Option (B) is correct.
Step-by-step explanation:
Formula
\(Percentage = \frac{Part\ value\times 100}{Total\ value}\)
As given
From net earnings of $740 per month.
Lisa Jones must spend $200 for her portion of the rent on an apartment she shares with two friends.
Here
Total value = $740
Part value = $200
Put in the formula
\(Percentage = \frac{200\times 100}{740}\)
\(Percentage = \frac{20000}{740}\)
Percentage = 27% (Approx)
Therefore the 27% Lisa Jones net income is her rent payment .
Option (B) is correct.