68.4k views
3 votes
Mr. Smith earned $700 last year. His total deductions amounted to 8% of his earnings. What was his take-home salary?

1 Answer

4 votes

Final answer:

Mr. Smith's take-home salary is $644 after deducting 8% from his total earnings of $700.

Step-by-step explanation:

The question involves calculating take-home salary after deductions. Mr. Smith earned $700 last year, and his total deductions were 8% of his earnings. To find the take-home salary, we need to calculate 8% of $700 and subtract it from the total earnings.

To calculate the deductions: 8% of $700 is calculated as (8/100) * $700 = $56.

Therefore, the take-home salary is $700 - $56 = $644. This is the amount Mr. Smith will receive after the deductions.

User Alexey Shiklomanov
by
7.9k points

Related questions

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.