Jessica Recently Compiled a Budget for Herself

Multiple Choice

Jessica recently compiled a budget for herself. She believes she needs to do a better job planning her finances and knows establishing a budget could be a step in the right direction. Her take home pay is $2,500. The following information is for the month of May: From an overall perspective, by what percent is Jessica over or under budget for the month of May?

A) 9.68% over budget
B) 9.68% under budget
C) 10.72% over budget
D) 10.72% under budget