Question

Susan cell phone bill is $70 per month and she spends $167 per year on student health insurance. on an annual basis the money spent on her cell phone bill is what percent of the money spent on student health insurance? (annual basis)

Answer 1

Susan cell phone bill is $70 per month, that translates to an annual expense of

Annual phone bill = 70 x 12

Annual phone bill = 840

Also she spends 167 per year on student health insurance.

This means;

$\begin{gathered} \text{Phone bill=}840 \\ \text{Health insurance=167} \\ The\text{ percentage of phone bill to student health insurance is;} \\ \text{Percentage}=\frac{\text{phone bill}}{health\text{ insurance}}\times100 \\ \text{Percentage}=\frac{840}{167}\times100 \\ \text{Percentage}=502.994 \\ \text{Percentage}\approx503 \end{gathered}$

The result shows that the money Susan spends on her cell phone bill annually is approximately 503% of her annual health insurance