Question

2) Shane puts aside $40 per week for his monthly car payment. He earns $320 per week.
What percent of his income is set aside for car payments?

Answer 1

Answer:

12.5%

Step-by-step explanation:

320 divided by 40 = 8

100 divided by 8 = 12.5

100% is 320 dollars, which means that 40 dollars is 1/8 of 320. And 1/8 of 100 is 12.5%