Samantha spent $256 to rent a car for four days. The cost of the car was the same for each day. How much was the daily cost, including a 5.5% sales tax?
Answer: $67.52
Monday, January 04, 2010
Sunday, January 03, 2010
This year the Smith family has been on a very tight budget and has finally put together a monthly budget. If their monthly food bill is $550 and their annual combined income is $47, 500, what percentage of their income is set aside for food?
Answer: First, you need to find out how much the Smith family spends each year on food. $550 x 12 months equals $6600.
Next, you need to divide $6600 by $47, 500 which equals 0.13894.
Finally, convert the decimal to a percent by moving the decimal point two places to the right.
Your answer: The Smith family spends 13.89 % or about 14% of their annual income on food.
Answer: First, you need to find out how much the Smith family spends each year on food. $550 x 12 months equals $6600.
Next, you need to divide $6600 by $47, 500 which equals 0.13894.
Finally, convert the decimal to a percent by moving the decimal point two places to the right.
Your answer: The Smith family spends 13.89 % or about 14% of their annual income on food.
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