Question

9. Meredith is a self-employed writer. She must pay 12.4% in taxes on all

her income. If she is paid $850 for a job, how much of her pay is left after
she deducts the taxes?

Answer 1

$744.60

Explanation:

Change 12.4% to a decimal by moving it two places left or you can multiply it by 100. After converting it to a decimal, you will have 0.124 as a decimal. Multiply the decimal and the $850.

850 x 0.125 = 105.40.

Now subtract.

850 - 105.40 = 744.60