Question

Now subtract the rest of your monthly expenses. You allow for 5% of your net pay of $2,989.12 to be budgeted for medical expenses. This would be

Answer 1

Answer:

$149.46 is the answer!

Explanation:

Answer 2

The 5% of net pay of $2,989.12 to be budgeted for medical expenses will be $149.456.

What is the percentage?

The percentage is defined as a given amount in every hundred. It is a fraction with 100 as the denominator percentage is represented by the one symbol %.

The percentage is also a general view that if you say 80% then it is easily predictable.

The percentage is also called the indicating hundredths. Thus, 2% is two-hundredth, which means 2%=2/100=0.02.

Percentage number of any number can be calculated by  = number of which percentage need to be calculated × given percentage/100.

Given that  5% of $2,989.12

5% of $2,989.12 = 2989.12 × 5/100

5% of $2,989.12  = 149.456 hence it wil be the correct answer.

For more about the percentage

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