Percents

You have just graduated college and have found your dream job as a actress/veterinarian Let's pretend you will be making around $1200 per month, depending on overtime, bonuses, etc. Now here is the deal - you need to make sure you manage your money wisely. Answer the following questions:



1) Your rent plus utilities (gas, water, internet, phone, etc.) is $540 a month! What percentage of your monthly income is this?

540/ 1200= 0.45= 45%



2) You spend about 6% of your income per month on your cell phone bill! What amount is this?

0.06 x 1200= $72



3) You usually spend around $200 per month on groceries. Find this percentage.

200/1200 x n/100. n=60 = 60%

(200n=12000)



4) You spend about $40 per week on gas filling your car's gas tank! What percentage of your monthly income is spent on gas?

40 x 4= 160

160/1200= .13= 13%



5) You like to use the remaining money and split it - using 60% on entertainment (movies, shopping, etc.) and putting the other 40% in savings. About how much money is spent on entertainment and how much is put in savings? i have $228 left
228 x .6o= 136.8
228 x .40= 91.2

i would spend $136.80 on entertainment and i would spend $91.20 on savings.