rebecca earns $4250 per month,of which 24% is taken out of her paycheck for federal and state income taxes and other required deductions.last month she spent $975 for rent and $317 for food. what percent of her take home pay did she spend on rent and food combined ?
Accepted Solution
A:
Answer: the percent of her take home he spent was %39.22 combinedStep-by-step explanation:The first thing we have to do is to substract the percentage that is deducted for taxes which is 24% so 24% out of $4250 is ( we use a simple three rule):$4250 -----100%x --------- 24%x = (4250 * 24) / 100x = $1020Then we substract the taxes out of the gross monthly amount:x= $4250- $1020x= $3230Now what we have to do is to calculate how much is $975 out of $3230 so we have to apply a simple three rule: if $3230 is 100% how much would it be $950.$3230 ----- 100%$ 950 ----- xx= (950 * 100) / 3230x= 95000/4250x= 29.41%The next thing is to calculate the percentage spent on food again with a simple three rule:$3230 -----100%$317 ------ xx = (317 * 100) / 3230x= 31700/ 3230x= 9.81 %Now we add the two percentages 29.41%+9.81%= 39.22%