Question

A company pays 75 percent of each employee's medical care premium. If the employee portion is $50 per month and there are 100 employees total, how much does the company pay each month for employee medical benefits?

Answer 1

So 50x100=$500 for all the employees

Answer 2

Answer:  $ 15000              

Step-by-step explanation:

Here, company pays 75 percent of each employee's medical care premium.

Therefore, company pays the total 75 % in total medical benefits,

Since, the employee portion is $50 per month

And there are employs = 100.

Thus, the total amount paid by the employees = 100 × 50 = $ 5000

25 % of the total medical benefits = 5000

Thus the total medical benefits = $\frac{5000\times 100}{25} = 20000$

Thus, the amount paid by the company = 75 % of 20000

= $\frac{20000\times 75}{100}$

=  $\frac{1500000}{100}$

= $ 15000