After the car payment is deducted, Michael take home pay will be $3060 per month. If his monthly car payment is 15% of his earnings, what is Michael current monthly earnings ?

Answer :

Answer:

Earnings current month of Michale = 3600

Step-by-step explanation:

Given that after the car payment is deducted, Michael take home pay will be $3060 per month. His monthly car payment is 15% of his earnings,

Let his earnings be 100

His car payment       15

His take home pay = 85

If 85 is take home pay earnings = 100

Hence if 3060 is take home pay earning = ?

This is a question of direct variation since if take home pay increases total earnings also increase.

So earnings = [tex]\frac{3060*100}{85} \\=3600[/tex]

Earnings current month of Michale = 3600

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