Question

Jewan is setting up a monthly budget. His gross monthly income is $3125, but 20% is deducted for taxes. How much money is deducted in taxes, and how much is his monthly net pay?

Answer 1

$625

$2500

Explanation:

tax = percent of tax x income

0.2 x 3125 = 625

amount remaining = income - tax

3125 - 625