UGA2016
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**NEED HELP??!! Please help me on a couple of questions!!

1. Paul's gross pay is $2435. His deductions total $560.06.

What percent of his gross pay is take-home pay?

A) 23%
B) 25%
C) 50%
D) 77%

2. Chaya gross pay is $457. 88. The amount of Social security deducted is 6.2% of her gross pay.

How much of her gross pay will be deducted for the Social Security taxes?

A) 6.63
B) 25.39
C) 28.39
D) 73.85

3. Jay earned $432.18 in net pay for working 32 hours. He paid $482.42 in federal and state taxes, and $31. 70 in FICA taxes.

What was jay's working hourly wage?

A) $ 17.07
B) $ 13.51
C) $ 9.93
D) $ 4.57

Respuesta :

1) D. 77%

2) C. 28.39

3) B. 13.51

Answer:


Step-by-step explanation:

Formula

[tex]Percentage = \frac{Part\ values\times 100}{Total\ values}[/tex]

First part

As given

Paul's gross pay is $2435.

His deductions total $560.06.

Part value = $560.06

Total value = $2435

Putting the values in the equation

[tex]Percentage = \frac{560.06\times 100}{2435}[/tex]

[tex]Percentage = \frac{56006}{2435}[/tex]

Percentage = 23%

Thus

The percentage of gross pay is 23% .

(As the percentage is always be 100% .)

The percentage of gross pay is take home  = 100% - 23%

                                                                        = 77%

Therefore the percentage of the gross pay is take home be 77% .

Option (D) is correct .

Second part

As given

Chaya gross pay is $457. 88 .

The amount of Social security deducted is 6.2% of her gross pay.

Here

Percentage = 6.2 %

Total value = 457.88

As putting in the formula

[tex]6.2 = \frac{Part\ values\times 100}{457.88}[/tex]

[tex] Part\ values= \frac{6.2\times 457.88}{100}[/tex]

[tex] Part\ values= \frac{2838.856}{100}[/tex]

Part values = $ 28.39 (Approx)

Therefore the deduction for social security cost be $28.39 .

Option (D) is correct .

Third part

As given

Jay earned $432.18 in net pay for working 32 hours.

[tex]jay\ working\ hourly\ wage = \frac{Total\ wage}{Total\ working\ hours}[/tex]

Putting the values in the above

[tex]jay\ working\ hourly\ wage = \frac{432.18}{32}[/tex]

jay working hourly wage = 13.51 (Approx)

Therefore jay working hourly wage is $13.51

Option (B) is correct.