Jasmine paid $314.68 PAYG tax out of her weekly wage of $1014.65.a How much PAYG tax did Jasmine pay for the year?b How much did Jasmine earn for the year, after tax?
Q. Jasmine paid $314.68 PAYG tax out of her weekly wage of $1014.65.a How much PAYG tax did Jasmine pay for the year?b How much did Jasmine earn for the year, after tax?
Calculate Annual PAYG Tax: To find out how much PAYG tax Jasmine paid for the year, we need to multiply her weekly PAYG tax by the number of weeks in a year.Weekly PAYG tax: $314.68Number of weeks in a year: 52Annual PAYG tax = Weekly PAYG tax × Number of weeks in a yearCalculation: $314.68×52
Find Annual Gross Income: Perform the multiplication to find the annual PAYG tax.$314.68×52=$16,363.36 Jasmine paid $16,363.36 in PAYG tax for the year.
Calculate After-Tax Income: To find out how much Jasmine earned for the year after tax, we need to calculate her annual gross income and then subtract the annual PAYG tax.Weekly wage: $1014.65Annual gross income = Weekly wage × Number of weeks in a yearCalculation: $1014.65×52
Calculate After-Tax Income: To find out how much Jasmine earned for the year after tax, we need to calculate her annual gross income and then subtract the annual PAYG tax.Weekly wage: $1014.65Annual gross income = Weekly wage × Number of weeks in a yearCalculation: $1014.65×52Perform the multiplication to find the annual gross income.$1014.65×52=$52,761.80Jasmine's annual gross income is $52,761.80.
Calculate After-Tax Income: To find out how much Jasmine earned for the year after tax, we need to calculate her annual gross income and then subtract the annual PAYG tax.Weekly wage: $1014.65Annual gross income = Weekly wage × Number of weeks in a yearCalculation: $1014.65×52Perform the multiplication to find the annual gross income.$1014.65×52=$52,761.80Jasmine's annual gross income is $52,761.80.Now, subtract the annual PAYG tax from the annual gross income to find the after-tax income.Annual gross income: $52,761.80Annual PAYG tax: $16,363.36After-tax income = Annual gross income - Annual PAYG taxCalculation: $52,761.80−$16,363.36
Calculate After-Tax Income: To find out how much Jasmine earned for the year after tax, we need to calculate her annual gross income and then subtract the annual PAYG tax.Weekly wage: $1014.65Annual gross income = Weekly wage × Number of weeks in a yearCalculation: $1014.65×52Perform the multiplication to find the annual gross income.$1014.65×52=$52,761.80Jasmine's annual gross income is $52,761.80.Now, subtract the annual PAYG tax from the annual gross income to find the after-tax income.Annual gross income: $52,761.80Annual PAYG tax: $16,363.36After-tax income = Annual gross income - Annual PAYG taxCalculation: $52,761.80−$16,363.36Perform the subtraction to find the after-tax income.$52,761.80−$16,363.36=$36,398.44Jasmine earned $36,398.44 for the year after tax.
More problems from Add and subtract money amounts: word problems