To find the percentage of the total monthly income that was set aside for savings, we need to calculate the ratio of the savings amount ($850) to the total amount of the pie chart ($450 + $1,000 + $300 + $150 + $850 + $350 + $1,500 + $700).
Total monthly income = $450 + $1,000 + $300 + $150 + $850 + $350 + $1,500 + $700 = $4,300
Percentage of savings = ($850 / $4,300) * 100 = 0.19767 * 100 ≈ 19.76%
Therefore, the correct answer is 19.76% (rounded to the nearest hundredth).
se the image to answer the question.
A pie chart shows the following distribution: food: $450; housing: $1,000; transportation: $300; clothing: $150; savings: $850; utility bills: $350; education: $1,500; miscellaneous: $700.
The Sanchez family’s household budget is shown in the pie chart. Approximately what percentage of the total monthly income was set aside for savings? Round to the nearest hundredth.
(1 point)
Responses
0.19%
0.19%
19.61%
19.61%
19.42%
19.42%
18.24%
3 answers
Use the responses only
0.19%
0.19%
19.61%
19.61%
19.42%
19.42%
18.24%
0.19%
0.19%
19.61%
19.61%
19.42%
19.42%
18.24%
The correct answer is:
19.61%
19.61%
1 answer