Ethan's monthly salary is $1850. In a particular month, he spent 20.5% of his salary on room rental, $690 on food and $940 on other expenses. Express the amount that he overspent as a percentage of his monthly salary, giving your answer correct to 2 decimal places.
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Answer:
Given that,
Ethan's monthly salary is $ 1850
Monthly salary = $1850
He spent 20.5% of his salary on room rental
Therefore,
Food = $ 690
Other expenses = $ 940
Thus,
Amount spent = 379.25 + 690 + 940 = 2009.25
Amount over spent = 2009.25 - 1850 = 159.25
Thus amount that he overspent as a percentage of his monthly salary is 8.61 %
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