Answered

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

Sagot :

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.

[tex]\text{net income= gross income - tax and other employer deductions}[/tex][tex]\begin{gathered} \text{net income=1}500-15\text{ \%}\times1500 \\ =1500-\frac{15}{100}\times1500 \\ =1500-0.15\times1500 \\ =1500-225 \\ =\text{ \$1275} \end{gathered}[/tex]

Hence, the net income is $1275

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