Question

Francisco spent $12.35 on lunch. What percent of his daily net income of $96 did he spend on lunch? Round your answer to the nearest tenth of a percent.

Answer 1

The daily net income of Francisco is $96

He spent $12.35 on lunch.

Then the percent of the amount spent on lunch is given by

`(\$12.35)/(\$96)*100\%`

Divide the amount spent on lunch by the total daily income and then multiply the result by 100.

`(\$12.35)/(\$96)*100\%=12.9\%`

Therefore, he spent 12.9% of his daily net income on lunch.