Answer:
(a) 19%
(b) 5:6
Step-by-step explanation:
Given: Gh 258,000
salaries Gh 49,020
training Gh 72,000
housing Gh 60,000
entertainment Gh 12,000
exigencies Gh 23,020
(a) Percentage of the income spent on salaries = [tex]\frac{amount of salaries}{total income}[/tex] x 100
= [tex]\frac{49020}{258000}[/tex] x 100
= 0.19 x 100%
= 19%
The percentage of the income spent on salaries is 19%.
(b) Ratio of amount for housing to amount for training = [tex]\frac{amount for housing}{amount for training}[/tex]
= [tex]\frac{60000}{72000}[/tex]
= [tex]\frac{5}{6}[/tex]
The ratio of the amount for housing to the amount for training is 5:6
