Question

If you have budgeted 12% of your monthly income for groceries, how much can you spend on groceries if you earn $950 bi-weekly?        A. $114   B. $2,280   C. $190   D. $228

Answer 1

If you earn $950 bi-weekly, you earn 2 x 950 = $1900 per month. If you have budgeted 12% of your monthly income for groceries you need to find 12% of $1900: (1900 / 100) x 12 = 228.

Answer 2

The answer would be D because 12% of $1,900(the amount you earn monthly) is 228