To calculate the percentage of Jessica's income that her expenses account for, we first need to determine her total monthly expenses.
Here's the breakdown of her expenses:
- Rent: $800
- Cellphone bill: $125
- Utility bill: $350
- Groceries: $350
- Transportation: $150
Now, we add these expenses together:
\[ \text{Total Expenses} = 800 + 125 + 350 + 350 + 150 \]
Calculating the total:
\[ \text{Total Expenses} = 800 + 125 + 350 + 350 + 150 = 1,775 \]
Next, to find out what percentage this represents of her income, we need to know Jessica's total monthly income. If you provide her income, we can calculate the percentage of her income that goes to these expenses.
The formula for calculating the percentage of income that goes to expenses is:
\[ \text{Percentage} = \left( \frac{\text{Total Expenses}}{\text{Income}} \right) \times 100 \]
Please provide Jessica's income so we can complete the calculation.
1 answer