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15 April, 14:33

This is the monthly budget for the Reed family. What percent of the expenses is spent on utilities?

Housing = $800.00

Groceries = $425.00

Utilities = $285.00

Miscellaneous = $120.00

Transportation = $150.00

Insurance = $286.00

Savings = $200.00

Healthcare = $60.00

Clothing = $50.00

Total Expenses = $2,376.00

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  1. 15 April, 15:43
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    Divide the amount spent on utilities (285 dollars) over the total expenses (2376 dollars) to get ...

    285/2376 = 0.1199

    which is approximate

    Move the decimal over 2 spots to the right to go from 0.1199 to 11.99% which is the final answer (this is approximate as well)

    Note: Moving the decimal over 2 spots to the right is the same as multiplying by 100. So that means 0.1199*100% = 11.99%
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