Question

Gina Long owns a home valued at $268,400. Last year, she spent $9,225 for repairs and maintenance, which was higher than usual. What percent of the value of her home did she spend on repairs and maintenance last year?
2.9%
3.4%
4.5%
5.6%
None of these choices are correct.

Answer 1

Answer:

3.4%

Step-by-step explanation:

"Magic" fraction: $\frac{Part}{Whole}$

$268,400 is 100%

$9,225 is x%

$\frac{9225}{268400}$ = $\frac{x}{100}$

x = $\frac{9225*100}{268400}$ ≈ 3.437% ≈ 3.4%