After a study was completed at a local college, it was found that 479 1,233 student live with there parents. What percent of students live with their parents? Round to the nearest hundredth of a percent where necessary.

46.86%
71,22%
38.85%
3.88%

To find the percentage of students who live with their parents, divide the number of students who live with their parents (479) by the total number of students (1,233) and multiply by 100:

(479/1,233) * 100 = 38.85%

Therefore, approximately 38.85% of students live with their parents. So, the correct answer is 38.85%.