Gabriela remembered that her personal finance teacher in high school always encouraged each person to “pay yourself first” so she sets aside $715 into a savings account each month. If her monthly budget is $3,575, what percentage of her budget does she put into savings?

Respuesta :

Answer:

20%

Step-by-step explanation:

cross multiply then divide!

She puts 20% of her budget into savings.

Given that:

Total budget of Gabriela = $3,575

Savings she put per month = $715

Formula for calculating percentage is:

[tex]\dfrac{sub\: amount}{total\:amount} \times 100[/tex]

Calculating percentage using above formula for given data:

[tex]\dfrac{715}{3575} \times 100\\\\= 20 \: percent[/tex]

Thus Gabriela put 20% of her budget into savings.

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