2. gabriela used to budget $500 each month for groceries. she decided to change his budget for groceries to…

2. gabriela used to budget $500 each month for groceries. she decided to change his budget for groceries to $425 this month. by what percent was gabriela’s budget for groceries reduced this month? 85% 18% 15% 5%

2. gabriela used to budget $500 each month for groceries. she decided to change his budget for groceries to $425 this month. by what percent was gabriela’s budget for groceries reduced this month? 85% 18% 15% 5%

Answer

Explanation:

Step1: Find the amount of reduction

The original budget is $500 and the new budget is $425. So the reduction amount is $500 - $425 = $75.

Step2: Calculate the percentage reduction

The formula for percentage reduction is $\frac{\text{Reduction Amount}}{\text{Original Amount}} \times 100%$. Substituting the values, we get $\frac{75}{500} \times 100% = 0.15\times 100% = 15%$.

Answer:

15% (corresponding to the option with 15%)