A nurse earns $800.00 per week before any tax deductions. The following taxes are deducted each week: $83.00 federal income tax, $38.00 state income tax, and $79.00 Social Security tax. How much will the nurse make in 4 weeks after taxes are deducted?
A. $2,600.00
B. $3,000.00
C. $2,400.00
D. $2,800.00
we need to find the net income of the nurse in 4 weeks from the weekly net income.
Weekly net income=gross income-total tax
Total tax=federal income tax+state income tax+Social Security tax
Total tax=$(83.00+38.00+79.00)
Total tax=$200.00
Weekly net income=$(800.00-200.00)=$600.00
In one week, the net income of the nurse is $600.00 and in 4 weeks the nurse will a net income of:
The nurse will earn $2,400.00 in 4 weeks after taxes are deducted.
Therefore, the Correct Answer is C.
More Questions on TEAS 7 Math
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Q #1: Which of the following percentages is equivalent to the fraction below? 5/8
A. 1.6%
B. 6.25%
C. 62.5%
D. 160%
Answer Explanation
to convert fraction to percent, we multiply the fraction with 100. Therefore, the percent equivalent of 5/8 is
Thus, 5/8 is equal to 62.5%.
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Q #2: 2.50*0.25 Simplify the expression above. Which of the following is correct?
A. 0.0625
B. 6.025
C. 0.625
D. 6.25
Answer Explanation
To solve this equation, we use a calculator and find the product as:
2.50*0.25=0.625
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Q #3: A couple dining at a restaurant receives a bill for $38.40. They wish to leave a 15% gratuity. Which of the following is the estimated gratuity?
A. $4.00
B. $6.00
C. $5.00
D. $7.00
Answer Explanation
When dealing with percent problems, the following is utilized to find the unknown variable.
- Is means equals
- Of means multiply
- What means unknown (variable)
From the problem above, we are looking for the amount of gratuity the couple can leave.
Let t be the amount of gratuity. Translating into an equation, we have
The gratuity is 15% of the total bill, which becomes
Here, of means multiply and we also convert percent into decimal before multiplying.
So, the value of t=5.76
Thus, a couple will leave a gratuity of $5.76, which is about $6.00.
