jim makes $8.50 an hour. Each week 26% of his total pay is deducted for taxes how many hours does he have to work to earn at least $300 per week

Respuesta :

Answer-

Jim has to work 48 hours to earn at least $300 per week.

Solution-

The amount Jim earns per hour = $8.50 and 26% of his pay is deducted for taxes.

Suppose he works x hours per week, so he will be earning in a week = 8.50x

Then, the amount he will pay for taxes = 26% of 8.50x = (0.26)(8.50)x

After tax deduction, the amount that he will be left with = 8.50x - (0.26)(8.50)x

And he has to work in order to get $300 per week after tax deduction,

So,

[tex]\Rightarrow 8.50x -(0.26)(8.50)x=300[/tex]

[tex]\Rightarrow (8.50- (0.26)(8.50))x =300[/tex]

[tex]\Rightarrow (8.50 -2.21)x =300[/tex]

[tex]\Rightarrow x=\frac{300}{6.29} =47.69 \approx48[/tex]