Rhono has a part-time job at the local supermarket working 3 hours after school each night and 5 hours on saturdays. His gross hourly pay is $8.75. Estimate and then calculate his next wages for the month, after 20% tax is deducted. Each month his expenses are: Entertainment $35.00, health and beauty $21.00, transport $18.00, clothing $24.00, hire purhases payments $15.75. Calculate the amount Rhono has left over at the end of each month, and how much he would have saved at the end of 12 months.

Question

Mathematics

Mya

1 September, 23:46

Rhono has a part-time job at the local supermarket working 3 hours after school each night and 5 hours on saturdays. His gross hourly pay is $8.75. Estimate and then calculate his next wages for the month, after 20% tax is deducted. Each month his expenses are: Entertainment $35.00, health and beauty $21.00, transport $18.00, clothing $24.00, hire purhases payments $15.75. Calculate the amount Rhono has left over at the end of each month, and how much he would have saved at the end of 12 months.

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Zachary Franco · Answer 1

Rhono apparently works 5*3+5 = 20 hours per week. His net pay for 4 weeks * is

... 4*20*8.75 * (1 - 0.20) = $560

The listed expenses add to

... 35 + 21 + 18 + 24 + 15.75 = 113.75

The amount left over at the end of each 4-week period is

... $560 - 113.75 = $446.25

If he saves the remainder, after 12 months, he will have saved

... 12*$446.25 = $5,355.00

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* There are 13 periods of 4 weeks in a year. If Rhono takes no vacation, his savings balance may be $560 more than the above amount, that is, $5,915.00.