Respuesta :

What is Paulas monthly budget
On a website called "soft math," it says that the answer is 19.99%

Answer:

[tex]100I/M[/tex], in which I is how much she spends on insurance and M is her total budget.

Explanation:

Let's suppose that Paula has a monthly budget of M.

Let's also suppose that she spends I monthy on insurance.

We can solve this problem by a rule of three, in which M is 100%. How much % is I? So:

M - 100%

I - x%

[tex]Mx = 100I[/tex]

[tex]x = 100I/M[/tex]

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