Question

Robin has 15% of his gross pay directly into his mutual fund account each month. if $630 is depisited each month. what is his gross pay?

Answer 1

Answer:

Robin's gross pay=$50,400

Step-by-step explanation:

We are given that Robin has 15% of his gross pay directly into his mutual fund account each month.

If Robin  deposited each month =$630

We have to find the gross pay

Let Robin's gross pay =x

15 % of gross pay= 15% of x=$\frac{15}{100}\times x=\frac{15}{100}x$

We know that 12 month in a year

$\frac{15}{100}x=630\times 12$

$15x=630\times 100\times 12$

Using multiplication property of equality

$x=\frac{756000}{15}$

Using division property of equality

$x=50400$

Hence, Robin's gross pay=$50,400