Question

If Social Security takes 6.2 percent and Medicare takes 1.45 percent of your paycheck, how much would you have left on a $475 monthly salary?

$448.67
$438.66
$428.65
$418.64

Answer 1

$438.66 , because 6.2+1.45=7.65 and then 100-7.65=92.35 and then you turn that into a percentage which would be 92.35% in decimal form would be .9235 which is the portion you’ll receive from your paycheck so you multiply that by $475 and you will get your final answer of $438.66

Answer 2

$438.66

Explanation:

The total percent taken is:

6.2% + 1.45% = 7.65%

7.65% of the paycheck is taken.

The total paycheck is 100% of the paycheck. Since 7.65% of the paycheck is taken, and 100% - 7.65% = 92.35%, then 92.35% of the paycheck is left.

Now we find 92.35% of $475.

To find a percent of a number, multiply the percent by the number and divide by 100.

92.35 * $475/100 = $438.66

Answer: $438.66