Mr. Ong earns \(\$7,000\) per month, and he spends \(\$3,200\) on rent per month. Ms. Yong earns \(\$7,600\) per month, and she spends \(\$3,700\) on rent per month. Who spends a higher percentage of his/her monthly income on rent? Explain your reasons (Correct your answers to \(3\) significant figures).
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