Maria spends $20 on lottery tickets every week and spends $125 per month on food. On an annual basis the money spent on the lottery tickets is _% of the money spent to buy food.

Respuesta :

Divide $20 by $125 because you are trying to find the % of the tickets to the food.

Answer - %16

I think :)

The percentage of the money spent on the lottery tickets of the money spent to buy food on annual basis is 69.33%.

How to calculate the percentage?

Let X represents the percentage of the money spent on the lottery tickets of the money spent to buy food on annual basis.

Therefore, we have:

Annual money spent on the lottery tickets = Number of weeks in a year * Weekly money spent on the lottery tickets = 52 * $20 = $1,040

Annual money spent to buy food = Number months in a year * Annual money spent to buy food = 12 * $125 = $1,500

Therefore,

X = Annual money spent on the lottery tickets / Annual money spent to buy food = 0.6933, or 69.33%

Learn more about percentages here: https://brainly.com/question/14801224.

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