To solve this problem, you multiply $48,000 with the decimal forms of those percentages. To get the decimal forms, you divide the percentages with 100. After that, you multiply the decimal with $48,000 to get the amount of money spent in that particular category.
Household - 40% ÷ 100 = 0.4 -> 0.4 × 48,000 = $19,200
Education - 25% ÷ 100 = 0.25 -> 0.25 × 48,000 = $12,000
Transportation - 15% ÷ 100 = 0.15 -> 0.15 × 48,000 = $7,200
Health - 5% ÷ 100 = 0.05 -> 0.05 × 48,000 = $2,400
Savings - 10% ÷ 100 = 0.1 -> 0.1 × 48,000 = $4,800
Misc - 5% ÷ 100 = 0.05 -> 0.05 × 48,000 = $2,400
To get the percentage for Misc, you add the percentages of all the other categories together and then subtract it from 100%
40% + 25% + 15% + 5% + 10% = 95%
100% - 95% = 5%
Alright, I hope this helps.
