Question

Tim’s gross income is 1,250. If 12% of his income goes to taxes, how much money does he have left?

A) $1,100
B) $1,150
C) $1,320
D) $1,100

Answer 1

Tim has $1,100 left after taxes.

Step-by-step explanation:

To calculate how much money Tim has left after taxes, we need to find 12% of his gross income.

12% of $1,250 is (12/100) * $1,250 = $150.

Therefore, Tim has $1,250 - $150 = $1,100 left after taxes.