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question 23 of 25 gabrielas monthly take-home pay is $2800, and her mon…

Question

question 23 of 25
gabrielas monthly take-home pay is $2800, and her monthly rent is $700. if both her monthly take-home pay and her rent increase by $210, what percentage of gabrielas take-home pay will be used to pay rent?
a. 23.3%
b. 32.5%
c. 25.0%
d. 30.2%

Explanation:

Step1: Calculate new take - home pay

Gabriela's original monthly take - home pay is $2800, and it increases by $210. So the new take - home pay is $2800 + $210=$3010.

Step2: Calculate new rent

Her original monthly rent is $700, and it increases by $210. So the new rent is $700 + $210 = $910.

Step3: Calculate the percentage of take - home pay used for rent

The formula for the percentage is $\frac{\text{New Rent}}{\text{New Take - home Pay}}\times100\%$. Substitute the values: $\frac{910}{3010}\times100\%\approx25.0\%$.

Answer:

C. 25.0%