23
practice testMultiple Choice

Practice Test

Question 23 • Mathematics for Data and Financial Literacy

Selena’s discretionary spending budget is $⁢500 and he encountered an unexpected expense of $⁢300 What percentage should he reduce his discretionary spending to balance his budget?

Answer
A
50 percent
B
80 percent
C
40 percent
D
60 percent

Explanation

To cover the unexpected $300 expense, Selena needs to reduce discretionary spending by $300 out of the $500 budget. Calculate $300 ÷ $500 = 0.60, or 60 percent. So the correct choice is 60 percent.

AI-written and checked against the verified answer.

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