Question

The money m (in £) Paul has to spend each week is his wage w (in £) subtract the tax t (in £) he pays on his income. Enter a formula for the money he can spend and enter how much he has to spend if he earns £160 a week and pays £38 in tax.

Answer 1

m = £122

Explanation:

m = w - t

Where,

m = money Paul had to spend each week (£)

w = Paul's wage (£)

t = tax paid on his income (£)

If w = £160 and t = £38

Find m

m = w - t

= £160 - £38

= £122

Paul has £122 to spend if he earns £160 a week and pays £38 in tax