When preparing her monthly budget, Marge Kent has a total spending allowance of $4,600. Each month she pays $1,200 in rent, $60 for cable television and Internet service, and $240 for her auto loan. What percentage of her budget goes for these fixed expenses?
A) 6 percent
B) 12 percent
C) 27 percent
D) 33 percent
E) 40 percent
Correct Answer:
Verified
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