Question
(b) In 2021, Anil earns $37000. (i) He spends $12400 on bills in 2021. Calculate the percentage of his earnings he spends on bills.
Answers
Answered by
GPT 3.5
To calculate the percentage of Anil's earnings he spends on bills, we divide the amount he spends on bills by his earnings and then multiply by 100.
Percentage spent on bills = (Amount spent on bills / Earnings) x 100
Amount spent on bills = $12400
Earnings = $37000
Percentage spent on bills = (12400 / 37000) x 100 = 33.51%
Therefore, Anil spends approximately 33.51% of his earnings on bills.
Percentage spent on bills = (Amount spent on bills / Earnings) x 100
Amount spent on bills = $12400
Earnings = $37000
Percentage spent on bills = (12400 / 37000) x 100 = 33.51%
Therefore, Anil spends approximately 33.51% of his earnings on bills.