Keith receives a $30000 salary for working as an accountant. If Keith has to spend $6000 of his salary on expenses each year, then what percent of Keith's money does he have to spend?

1 Answer
Oct 19, 2016

Keith spends 20% of his salary on expenses each year.

Explanation:

This problem can be solved using the percent proportion.

#x/100 = 6000/30000#
#30000x = 600000#
#30000x/30000 = 600000/30000#
#x = 20#

Keith spends 20% of his salary on expenses each year.