Answer:
12.5%
Step-by-step explanation:
We have been given that Leslie has a total monthly budget of $4000 and spends $500 on a car payment.
To find the percentage of her monthly budget is dedicated to the car payment, we will find 500 is what percent of 4000.
[tex]\text{Leslie's monthly budget dedicated to car payment}=\frac{500}{4000}\times 100\%[/tex]
[tex]\text{Leslie's monthly budget dedicated to car payment}=\frac{50}{4}\%[/tex]
[tex]\text{Leslie's monthly budget dedicated to car payment}=12.5\%[/tex]
Therefore, 12.5% of Leslie's monthly budget is dedicated to the car payment.
