Question

Ida earns an average monthly salary of $6,900 and wants to create a budget. She spends $840 per month on food. What percentage of her budget goes towards paying for food?

Answer 1

To find the percentage of Ida's budget that goes towards paying for food, you can use the following formula:

\[
\text{Percentage of budget for food} = \left( \frac{\text{Food expense}}{\text{Total salary}} \right) \times 100
\]

Substituting in the values:

\[
\text{Food expense} = 840
\]
\[
\text{Total salary} = 6,900
\]

Now plug these values into the formula:

\[
\text{Percentage of budget for food} = \left( \frac{840}{6900} \right) \times 100
\]

Calculating the fraction:

\[
\frac{840}{6900} \approx 0.1217391304347826
\]

Now multiply by 100 to convert it to a percentage:

\[
0.1217391304347826 \times 100 \approx 12.17\%
\]

Therefore, approximately **12.17%** of Ida's budget goes towards paying for food.