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Math Help - Find Percentage of Money

  1. #1
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    Find Percentage of Money

    On average, 10.8 % of the money consumers spend in
    supermarkets in England goes to the purchase of snacks and baked
    goods, which is four times the percent of money spent on cereals and
    rice. What percentage of the money spent by consumers in England's
    supermarkets is for the purchase of cereal and rice?

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  2. #2
    MHF Contributor Unknown008's Avatar
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    What have you tried so far?

    You can make use of proportions to solve this easily.
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  3. #3
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    MY WORK:

    Let p = percent of the money spent by consumers in England

    10.8% becomes 0.108.

    Is the correct equation 0.108 = 4s?
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  4. #4
    MHF Contributor Unknown008's Avatar
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    Yes, correct so far.
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  5. #5
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    The percentage spent on cereal is four times less than 10.8%.
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  6. #6
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    So, do I find the answer by dividing both sides by 4?
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  7. #7
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    0.108 = 4s

    0.108/4 = s

    0.027 = s

    Is this the answer?
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  8. #8
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    Yes.
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