If your monthly income is $300 and you spend $50 on clothes, what percent of your monthly budget is spent on clothing
Here is the answer to the problem above. So, if the monthly income is $300 and $50 was spent on clothing, we will find the percentage of $50 from $300 by dividing 50 by 300 then multiply the quotient by 100. So the answer is 16.67%. So the answer is 16.67%. Hope this answers your question.
Answer:
16.6%
Step-by-step explanation:
Given : Your monthly income is $300
You spend $50 on clothes
To Find: what percent of your monthly budget is spent on clothing
Solution:
Since Your monthly income is $300
You spend $50 on clothes
So, the percent of your monthly budget is spent on clothing :
\(\frac{\text{amount spent on clothes}}{\text{monthly income}} *100\)
⇒\(\frac{50}{300}*100\)
⇒\(\frac{1}{6}*100\)
⇒\(0.166*100\)
⇒\(16.6\)
Thus 16.6% of your monthly budget is spent on clothing