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4 votes
Lecia earns a gross income of 1,500$per month What is her net income if her tax and other employer deductions are 15%?

asked
User Majstor
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7.9k points

1 Answer

4 votes

Given that Lecia earns a gross income of $1500 per month.

The tax and other employer deductions are 15%

To find the net income we would subtract the tax and other employer deduction from the gross income.


\text{net income= gross income - tax and other employer deductions}
\begin{gathered} \text{net income=1}500-15\text{ \%}*1500 \\ =1500-(15)/(100)*1500 \\ =1500-0.15*1500 \\ =1500-225 \\ =\text{ \$1275} \end{gathered}

Hence, the net income is $1275

answered
User Nikola Stjelja
by
8.9k points
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