Question

Candice won the lottery for 30000 dollars.However 20% of her money has to go to the state for taxes.How much money will she receive after paying taxes?

Answer 1

She will receive $24,000 after paying taxes

Explanation:

This question can be solved using a rule of three.

20% of her money has to go to the state for taxes. So she will receive 100-20 = 80%. $30000 is 100% = 1. How much is 80% = 0.8?

$30000 - 1

$x - 0.8

x = 30000*0.8

x = 24000

She will receive $24,000 after paying taxes