Question

use your knowledge of percentages to dive deeper into bank fees.

1. joshua made the following purchases in a day. what percentage of his purchases was for his soccer gear? - bus fare - $4 - coffee - $3 - gas - $43 - dinner - $15 - netflix subscription - $10 - soccer gear - $35
2. the average monthly maintenance fee is $13. what percentage of his balance would be spent on fees if joshua had a starting balance in september of $116?
3. if he had to pay the maintenance fee a second time in october and had not deposited money, that $13 fee would be what percentage of joshuas october starting balance

Explanation:

Step1: Calculate total purchases

$4 + 3+43 + 15+10 + 35=110$

Step2: Calculate percentage for soccer gear

$\frac{35}{110}\times100=\frac{3500}{110}\approx 31.82\%$

Step3: Calculate percentage of maintenance - fee in September

$\frac{13}{116}\times 100=\frac{1300}{116}\approx 11.21\%$

Step4: Calculate percentage of maintenance - fee in October

Since he didn't deposit money, the starting balance in October is $116 - 13=103$. The percentage is $\frac{13}{103}\times 100=\frac{1300}{103}\approx 12.62\%$

Answer:

1. Approximately $31.82\%$
2. Approximately $11.21\%$
3. Approximately $12.62\%$