Hi!
We will find the monthly budget using proportions, like this:
15% = 0,15___________600$
100% = 1_____________x$
__________________________
x = (600*1)/0,15
x = 600/0,15
x = 4000
Their monthly budget is 4000$.
Hope this helps!
The total budget of the Hoskins family is $4000.
A percentage is a way to describe a part of a whole. such as the fraction [tex]\dfrac{1}{4}[/tex] can be described as 0.25 which is equal to 25%.
To convert a fraction to a percentage, convert the fraction to decimal form and then multiply by 100 with the '%' symbol.
Let the total budget of the Hoskins family be x.
As we know that 15% of their monthly budget is the amount they spends on groceries. Therefore,
[tex]\rm{ 15\% \ of\ total\ budget\ of\ Hoskins\ family = \$600[/tex]
[tex]15\% \times x = \$600\\\\ \dfrac{15}{100}\times x = 600\\\\ x=\dfrac{600\times 100}{15}\\\\ x = 4000[/tex]
Hence, the total budget of the Hoskins family is $4000.
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