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Math on the Spot The Andersons spend 12% of their budget on travel. Their total budget this year is $1500 more than last year, and this year they plan to spend $5640 on travel. What was their total budget last year?

Respuesta :

Answer: $5,460

12% of $1,500 is $180

$5,640- $180= $5,460
onyebuchinnaji

The total amount the Andersons budgeted for last year is $45,500

The given parameter:

Andersons travel budget percentage = 12%

amount budgeted by the Andersons for this year's travel = $5640

To find:

  • their total budget for last year

Let their total budget for last year = y

let the total amount for this year = T

From the given statement, their total budget for this year is $1500 more than last year.

y + 1500 = T

Find the total amount budgeted by this year (T).

Recall, 12% of the total = $5640

0.12T = 5640

T = 5640/0.12

T = $47,000

The total amount budgeted for this year is $47,000

Now, we can find the total amount budgeted for last year

y + 1500 = 47,000

y = 47,000 - 1500

y = $45,500

Thus, the total amount the Andersons budgeted for last year is $45,500

Learn more here:https://brainly.com/question/21158380

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