Answer:
35%
Step-by-step explanation:
Multiply the semimonthly earnings by 2. Divide the monthly expenses by the total monthly earnings, then multiply the product by 100.
NOTE: IT'S IMPORTANT TO ROUND THE RESULT
It should be noted that the percent of his net monthly income that he budget for fixed expenses is 35%.
From the information given, Brian budgets 940 each month for fixed expenses his net 1360 semi monthly.
The percentage will be;
= 940/(1360 × 2) × 100
= 940/2720 × 100
= 35%
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