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Anettt [7]
3 years ago
9

ack King pays a $496.00 premium annually. This represents 40% of the total premium. The rest of the premium is paid by his emplo

yer. Calculate: a. the company's percentage b. the total premium c. the company's payment
Mathematics
1 answer:
garik1379 [7]3 years ago
3 0
He pays 40%.

--------------------------------
Find Company's share :
--------------------------------
100% - 40% = 60%

(a) The company pays 60% of the premium.


He pays $496. 
He pays 40% of the total premium.

40% = 496

--------------------------------
Find 1% :
--------------------------------
1% = 496 ÷ 40
1% = 12.4

--------------------------------
Find 100% :
--------------------------------
100% = 12.4 x 100
100% = $1240

(b) The total premium is $1240.


$1240 - $496 = $744

(c) The company pays $744.
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