SOLUTION: Elena spends $4 per day on coffee at the neighborhood cafe and $340 per month on food. Complete the sentence: On an annual basis the first set of expenses is _% of the second set o

Algebra ->  Finance -> SOLUTION: Elena spends $4 per day on coffee at the neighborhood cafe and $340 per month on food. Complete the sentence: On an annual basis the first set of expenses is _% of the second set o      Log On


   

Question 1036029: Elena spends $4 per day on coffee at the neighborhood cafe and $340 per month on food. Complete the sentence: On an annual basis the first set of expenses is _% of the second set of expenses.
Answer by Aldorozos(172) About Me  (Show Source):
You can put this solution on YOUR website!
4*30= 120 money spent on coffee on monthly basis
120/340 = 35.3%
Considering that it is percentage, monthly percentage is the same as annual percentage