using the formula for percent allocation: percent allocation = (total amount of component / total amount for…

using the formula for percent allocation: percent allocation = (total amount of component / total amount for comparison) * 100%. if dahlias total expected income was $1,400, what percentage of the income was she expecting to receive from parental support? 14% 18% 61% 21%

using the formula for percent allocation: percent allocation = (total amount of component / total amount for comparison) * 100%. if dahlias total expected income was $1,400, what percentage of the income was she expecting to receive from parental support? 14% 18% 61% 21%

Answer

Explanation:

Step1: Identify the formula and values

The formula for percent - allocation is $\text{Percent Allocation}=\frac{\text{total amount for component}}{\text{total amount of comparison}}\times100%$. The total amount for parental support is $300$ and the total expected income is $1400$.

Step2: Calculate the percentage

Substitute the values into the formula: $\frac{300}{1400}\times100%=\frac{30000}{1400}% \approx 21.43% \approx 21%$.

Answer:

21%