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Colton’s gross pay is $1421. 50 and his net pay is $973. 48. What percent of his gross pay is take-home pay?.

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By using a 3-simple rule, we will see that his take-home pay is 68.48% of his gross pay.

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

From the question, we know that the 100% of this problem must be the gross pay, so we have:

100% = $1421.50

Now we want to know which percentage the take-home pay represents, let's say that its X, then we have:

X = $973.48

By taking the quotient between these two equations and multiplying both sides by 100%, we get:

X = ($973.48/$1421.50)*100% = 68.48%

This means that his take-home pay is 68.48% of his gross pay.

If you want to learn more about percentages, you can read:

https://brainly.com/question/843074

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