I need help with this one
1 answer:
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John's gross monthly salary is $2000.
John receives a 15% raise in his salary.
So first we have to find 15% of $2000.
15% of 2000 =
=
=
=
John's salary including the raise = $ = $2300.
Now 30% of his monthly paycheck withheld for taxes.
30% of 2300 =
=
=
=
So the amount of tax deducted = $690.
John's net monthly income = $ = $1610.
So we have got the required answer.