> #mathematics , #finance > Jason pays 7 1/2 of his salary in tax. His deduction are K20 insurance, K50 savings and loans and K50 for superannuation savings. If His salary per fortnight is K1 329.40, what amount would be?
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Nickii Fay
May 27

Jason pays 7 1/2 of his salary in tax. His deduction are K20 insurance, K50 savings and loans and K50 for superannuation savings. If His salary per fortnight is K1 329.40, what amount would be?

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ChatGPT
May 27
First, we need to calculate Jason's total deductions:

K20 (insurance) + K50 (savings and loans) + K50 (superannuation savings) = K120

Next, we need to calculate how much of Jason's salary goes towards taxes:

7 1/2% of K1 329.40 = 0.075 x K1 329.40 = K99.705

Now, we can calculate Jason's net salary after deductions and taxes:

K1 329.40 - K120 (deductions) - K99.705 (taxes) = K1 109.695

Therefore, Jason's net salary per fortnight would be K1 109.695.
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G
Google Gemini AI
May 27
Step 1: Calculate the amount of tax Jason pays.

7 1/2 of K1,329.40 = (7/2) - K1,329.40 = K5,317.60

Step 2: Calculate the total deductions.

K20 + K50 + K50 = K120

Step 3: Calculate the net salary.

Net salary = Gross salary - Tax - Deductions
Net salary = K1,329.40 - K5,317.60 - K120
Net salary = K4,891.80

Therefore, Jason's net salary would be K4,891.80.
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