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Carl Major pays a $390.00 premium annually. This represents 30% of the total premium. The rest of the premium is paid by his employer. Calculate:

1 Answer

3 votes
Below are to complete the questions:

a. the company's percentage=

b. the total premium=

c. the company's payment=

The answer is the below:

a. There are only to contributions toward the total premium. So, it's trivial to find the company's %.
100% - individual % = Company %

b. The total premium can be calculated because you know the 30% amount of the total.
Total premium x (30%/100) = $390.00

c. The company's payment is easily calculated once you know the answer to (b).
Total premium - $390.00 = company's payment
answered
User Ten Bitcomb
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