Question

Malia's net pay, after a $142.00 automatic savings withdrawal. is $2,665.00. Determine what percent of Malia's net pay is automatically withdrawn for savings. Round to the nearest tenth. 5.1%5.7%6.1%6.7%

Answer 1

From the statement of the problem we know that:

• Malia's, net pay, after the automatic savins withdrawal is ,X_1 = $2,665.00,,

,

• Malia's ,automatic savings withdrawal, is ,X_2 = $142.00,.

We must compute what percent of Malia's net pay is automatically withdrawn for savings.

The percentage that we must compute is given by the following formula:

`(X_2)/(X_1+X_2)\cdot100％\text{.}`

Replacing the values of X_1 and X_2, we get:

`(142.00)/(2,665.00+142.00)\cdot100％\cong5.0587％\cong5.1％.`

Answer

Rounded to the nearest tenth, the percent of Malia's net pay that is automatically withdrawn for savings, is 5.1%.