This is the monthly budget for the reed family. what percent of the expenses is spent on utilities? housing = $800.00 groceries = $425.00 utilities = $285.00 miscellaneous = $120.00 transportation = $150.00 insurance = $286.00 savings = $200.00 healthcare = $60.00 clothing = $50.00 total expenses = $2,376.00

Divide the amount spent on utilities (285 dollars) over the total expenses (2376 dollars) to get...

285/2376 = 0.1199
which is approximate

Move the decimal over 2 spots to the right to go from 0.1199 to 11.99% which is the final answer (this is approximate as well)

Note: Moving the decimal over 2 spots to the right is the same as multiplying by 100. So that means 0.1199*100% = 11.99%

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