I solved this once on my own but now I forgot how I did it. Can you help please?
A sample family budget says that 8% of of a family budget of $4500 per month is spent on clothing. Another family with a budget of $3720 spends $375 per month. By how much do they exceed the sample family budget?
.08(4500) = 360
375/3720 = .1 or 10 %
.08(3720)=297.6
375-297.6 = $77.40
The answer is $77.40
I guess I remembered after all, is there an easier way to set up this problem?
A sample family budget says that 8% of of a family budget of $4500 per month is spent on clothing. Another family with a budget of $3720 spends $375 per month. By how much do they exceed the sample family budget?
.08(4500) = 360
375/3720 = .1 or 10 %
.08(3720)=297.6
375-297.6 = $77.40
The answer is $77.40
I guess I remembered after all, is there an easier way to set up this problem?