Question

Americans said money mistakes cost them $1,230, on average, last year alone, According to U.S. Census Bureau data from 2018, the latest release, the median household income was $61,372. What percent of their income did they lose on mistakes?

Answer 1

EXPLANATION.

The first thing to do is analyze the data that the exercise gives us, it tells us that a year the cost of error for money was 1230, but the income was 61,372, for this exercise we must find the percentage with a rule of three .

The exercise is as follows.

The total income 61,372 represents 100 percent, how much does 1230 represent?

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