2. Percentages

A weekly budget is shown in the table.

Income | Expenses | ||
---|---|---|---|

Earnings | $505 | Mortgage | $147 |

Electricity | $23 | ||

Food | $64 | ||

Council Rates | $22 | ||

Insurance | $20 | ||

Water | $64 | ||

Clothing | $46 | ||

Entertainment | $56 |

Income | Expenses | ||
---|---|---|---|

Earnings | $505 | Mortgage | $147 |

Electricity | $23 | ||

Food | $64 | ||

Council Rates | $22 | ||

Insurance | $20 | ||

Water | $64 | ||

Clothing | $46 | ||

Entertainment | $56 |

a

Calculate the weekly expenses.

b

Calculate weekly savings.

c

Calculate the percentage of income saved correct to 2 decimal places.

(Don't forget to include the percentage sign).

d

Calculate the percentage of income spent on mortgage payments correct to 2 decimal places.

Don't forget to include the percentage sign.

e

Calculate the amount paid on the mortgage in one year

Easy

Approx 5 minutes

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