This is the monthly budget for the Reed family. What percent of the expenses is spent on utilities? Housing = $800.00Groceries = $425.00Utilities = $285.00 Miscellaneous = $120.00Transportation = $150.00Insurance = $286.00 Savings = $200.00Healthcare = $60.00Clothing = $50.00Total Expenses = $2,376.00

Divide the amount spent on utilities (285 dollars) over the total expenses (2376 dollars) to get...

285/2376 = 0.1199
which is approximate

Move the decimal over 2 spots to the right to go from 0.1199 to 11.99% which is the final answer (this is approximate as well)

Note: Moving the decimal over 2 spots to the right is the same as multiplying by 100. So that means 0.1199*100% = 11.99%