Round to the nearest penny.
Your fixed expenses are $1,035.65/month and are 36% of your realized income. Use proportions to compute the realized income on your budget.
Let x be the total realized income.
We can set up the proportion:
$1,035.65 is to x as 36 is to 100
$1,035.65/x = 36/100
Cross multiply to solve for x:
36x = $1,035.65 * 100
36x = $103,565
x = $103,565 / 36
x = $2,877.36
Therefore, the realized income on your budget is $2,877.36.