
Nadia S. answered 02/15/17
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Elena spends $5 per day on a coffee at the neighborhood cafe and $370 per month on food. Assume that there are 365 days in a year.
Complete the sentence. On an annual basis is the first set of expenses is __% of the second set of expenses. Round to the nearest percent.
Complete the sentence. On an annual basis is the first set of expenses is __% of the second set of expenses. Round to the nearest percent.
first set of expenses=Expenses on coffee per year = 5*365=$1825
second set of expenses = Expenses on food per year = 12*370=$4440
So now we have to find 1825 is what percent of 4440
1825 / 4440 = p / 100
0.41 * 100 =p
41 = p
41 %
On an annual basis is the first set of expenses is 41% of the second set of expenses. Round to the nearest percent.