Question

Dr. Ames earns an annual salary of $265,000. If social security tax is 6% of our income, then how much will Dr. Ames pay each year in social security tax?

Answer 1

Dr. Ames pays $15,900 each year in social security tax

Explanation:

This question can be solved using a rule of three.

His salary is 100% = 1. How much is 6% = 0.06?

$265,000 - 1

x - 0.06

`x = 265000*0.06`

`x = 15900`

Dr. Ames pays $15,900 each year in social security tax