Answer:
Money spent on cigarettes is 93.69% of money spent on dry cleaning annually.
Step-by-step explanation:
Given:
Money spent on cigarettes weekly = $8
Money spent on Dry cleaning monthly = $37
We need to find the money spent on cigarettes is % of money spent on dry cleaning annually.
Solution:
Now we know that;
1 year = 52 weeks
1 year = 12 months.
Money spent on cigarettes annually = [tex]8\times52 = \$416[/tex]
Money spent on Dry cleaning annually = [tex]37\times 12 = \$444[/tex]
Now to find money spent on cigarettes is % of money spent on dry cleaning annually we will divide Money spent on cigarettes annually by Money spent on Dry cleaning annually and then multiply by 100.
framing in equation form we get;
money spent on cigarettes by money spent on dry cleaning annually = [tex]\frac{416}{444}\times 100 = 93.69\%[/tex]
Hence money spent on cigarettes is 93.69% of money spent on dry cleaning annually.