Question

You have found an apartment that rents for $950 per month. Your budget will only allow &800 per month. Your parents have offered to add 20% of your budget to your current budget. Will your parents help bring you within your budget?

Answer 1

Answer: Yes

Explanation:

First, you should find out what 20% of 800 is. Set it up as the following equation:

x/800=20/100

This is because we are trying to set up an equivalence ratio. To solve it, cross multiply (multiply 800 by 20 and 100 by x)

You would end up with:

16000=100x

Divide by 100 and you'll get:

x=160.

If you add 160 to the original budget of 800, you would get 960. This is 10 dollars over the minimum price, so the answer is yes.