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Sally makes $3,000 each month. What is the most she can spend on housing?

Sagot :

Following the 30% rule of thumb, Sally should only spend a maximum of $900 on her rent

Numbers and percentage

Given Data

  • Monthly Salary = $3000
  • Percentage spent on rent = 30%

Let us find 30% of $3000

= 30/100* $3000

= 0.3*$3000

= $900

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