The baker family has a monthly budget of $5,500. If they spend $1,650 of their monthly budget on mortgage, what percent do they spend on their house each month?
If $5500 equals 100%, you just have to divide 1650 by 5500 and times the answer by 100. Add a percentage mark onto the number you get and that’s what they spend on mortgage (30%) and the rest (70%) is spent on their house.
