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by hellokittygirl2012

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Marketing Question.

02/25/2011

Visit my other blogs;; www.bloopdiary.com/dietgirl2012 www.bloopdiary.com/booknerd2012 www.bloopdiary.com/surveyprincess2012

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Okaii, so I'm working on Marketing homework, and there's a math question that has stumped me. Anyone wanna help me on it?

*Madeline, a retiree, lives on a fixed income of $1,200 a month. Each month she spends $450 for rent and she budgets $150 for food, $50 for clothing, and $40 for various needs. She deposits the money that is left over into her savings account. How much money does she put into her savings account each month? If her rent is increased by ten percent, how much money does she have left to put into her savings?

Now, I have got the first questions about how much money she puts into her savings account each month, but I cannot for the life of me, remember how to do the percentages. So if anyone can help me with the last part of the question, that would be wonderful.




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10% of $450 is $45. Just subtract $45 from the amount she originally put into savings every month (which should be $510) to get $465.

[polywogStar|0 likes] [|reply]

(What polywog said. To do a percentage, like 10%, either times the amount by .1 (1% would be .01, 5% would be .05, 50% would be .5) or, if it's 10%, move the decimal over 1.

Like 10% of 450.00 is 45.00
See how the decimal moved?

[Birrrdy|0 likes] [|reply]

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