Joel earns $1,500 per month. if he spends $375 on rent each month, what percent of his income does he spend on rent?

First, we must express the ratio of rent to Joel's total earning. 375 out of 1500 in its simplest form is 1/4. To express a value in percentage, we must multiply it to 100. Thus, for this case, we have 1/4 x 100 = 25% That means, out of a total of 100%, Joel spends 25%of his income on rent.

The variables should add up to equal 1