A doctor earns $980.00 per week before any tax deductions. The following taxes are deducted each week: $85.00 federal income tax, $40.00 state income tax, and $81.00 Social Security tax.
How much will the doctor make in 4 weeks after taxes are deducted?
$3,096.00
$3,00.00
$3,00.00
$3,200.00
Correct Answer : A
We are required to find the doctor’s earning in 4 weeks after taking off taxes.
The first step is to find the total weekly deductions as follows:
Total weekly tax=federal income tax + state income tax + Social Security tax
Total weekly tax=$(85.00+40.00+81.00)
Total tax=$206.00
The next step is to find the weekly income after deducting total taxes
Weekly net income=gross income-total tax
Weekly net income=$(980.00-206.00)=$774.00
In one week, the net income of the doctor is $774.00 and after 4 weeks, the net income will be 4 times his weekly earning

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Explanation
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Solve the value of y by cross products


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Correct Answer is C
Explanation
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Explanation
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Explanation
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Correct Answer is C
Explanation
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Correct Answer is C
Explanation
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Correct Answer is B
Explanation
To solve this problem, we need to have all options in fraction form.
74Â
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74/95*3800=2960
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72/100*3800=2736
74/100*3800=2812
We can see that the fraction 7/8 is the greatest among the given options.
Correct Answer is D
Explanation
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Correct Answer is A
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