the andersons spend 12% of their budget on travel. their total budget this year is $1500 more than last year, and this year they plan to spend $5220 on travel. what was their total budget last year?

1) $43.500
2)$12.500
3)$42.000
4)6.720

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Answer :

varshamittal029 varshamittal029 · Answer 1 · 2022-09-18T00:08:21-04:00

The total budget last year andersons spend is $42000 which is option (3) .

Percentages are relative values that represent one hundredth of a given amount.
In mathematics, a percentage is a number or ratio that can be expressed as a fraction of 100
. If you need to calculate the percentage of a number, divide the number by the whole number and multiply by 100. Percentages therefore mean 1 in 100. The word percent means around 100.
It is represented by a '%' symbol.

It is given that andersons spend 12% of their budget on travel and the they plan to spend $5220 on travel.

Let "x" be the total budget of this year , then

[tex]12\% \ of \ x =5220\\\\\frac{12}{100} \times x=5220\\\\x=\frac{5220\times100}{12} \\\\x=43500[/tex]

so the total amount anderson spend this year is $43500 .

It is given that their total budget this year is $1500 more than last year which can be represented as

Total budget this year = 1500 + Total budget last year

Total budget last year = [tex]43500-1500=\$42000[/tex]

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