SOLUTION: You estimate that it will cost $185 a month to eat and your car payment is $222 a month. What percentage of your net income are your eating expenses and car payment each?

SOLUTION: You estimate that it will cost $185 a month to eat and your car payment is $222 a month. What percentage of your net income are your eating expenses and car payment each?

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Question 1036442: You estimate that it will cost $185 a month to eat and your car payment is $222 a month. What percentage of your net income are your eating expenses and car payment each?
Answer by Aldorozos(172) (Show Source): You can put this solution on YOUR website!
Assuming you spend all your money on food and car payment, then your total income is 222+85 = 407
222/407 * 100 = 54.55% = percentage of your car payment. The rest is the cost of the food = 100% - 54.55%
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