My total income was $9600. $7200 went to rent, and $2400 went to groceries.
How do I find the percentage of my income that went to rent, and the percentage that went to groceries? I need to understand how it's done so that I can learn to do it myself.
Thanks.
2006-10-31 15:03:49 · 7 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
divide 7200 by 9600 to get the percentage for rent, which is an outstanding amount and do the same for groceries..
2006-10-31 15:07:08 · answer #1 · answered by Nate 2 · 0⤊ 0⤋
If you are paying $7,200 rent with $9,600 income.. that's a lot!
If your income was $1000 and your rent was $750, that would be 75% of your income for rent. If your food costs were $250, that would be 25%.
By dividing the income into the rent, you get .75 or 75%. Ditto with the food. Divide the fraction amount (rent or food) by the whole amount.
7200 / 9600 = .75 2400 / 9600 = .25
wow.. I haven't had to do that for a long time.. whew
2006-10-31 15:25:01 · answer #2 · answered by vertically challenged 3 · 0⤊ 0⤋
Ermmmm
Rent = 75%
(7200 / 9600) * 100
So groceries = 25%
2006-10-31 15:09:30 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Divide the rent by your income=75%
Divide groceries by income=25%
2006-10-31 15:11:12 · answer #4 · answered by sidney w 1 · 0⤊ 0⤋
How To Find A Percentage
2016-10-29 23:20:43 · answer #5 · answered by ? 4 · 0⤊ 0⤋
Divide your rent by your monthly income.
2006-10-31 15:08:19 · answer #6 · answered by Anonymous · 0⤊ 0⤋
And just how did you pay other necessary living expenses?
2006-10-31 15:15:56 · answer #7 · answered by Judy 7 · 0⤊ 0⤋