Your yearly office supply budget is $1,200. You spend $350 each year on paper. What percent of your budget do you spend on paper? A. 42% B. 29% C. 41% D. 30%

Respuesta :

The correct option will be:   B. 29%

Explanation

Total yearly office supply budget is $1200 and the amount spent each year on paper is $350.

For finding the percentage of paper, we will first divide the amount spent on paper by the total budget and then multiply by 100%

So, the percentage of paper [tex]= \frac{350}{1200}*100 = \frac{350}{12}= 29.1666...[/tex] % ≈ 29 %

So, 29% of your budget, you spend on paper.