A fast food truck spends one third of its monthly budget for truck rent and half of the rest for food and beverages. What percentage of the budget does the fast food truck spend for food and beverages? Choose the correct choice from the following answers.
A) 23.5%
B) 32.5%
C) 33.33%
D) 30%
E) 75%
Spend on rent = 1/3   Spend on food and beverage= 1/2 of remaining = 1/2*2/3= 2/6=1/3   So 1/3= 33.33%   33.33% is the answer
<result>C</result>
A fast food truck spends one third of its monthly budget for truck rent and half of the rest for food and beverages. What percentage of the budget does the fast food truck spend for food and beverages?