1. Section 1

1.14. Are You Ready?

Mathematics 20-3 Module 1

Section 1: Personal Budgets

 

Are You Ready?
 

Jon’s gross salary is $4550 per month. His monthly deductions are 30% of his gross salary.

  1. What percentage of Jon’s gross salary is his net pay? Answer
  1. Calculate his net pay. Answer
  1. Jon pays $1200 in rent each month. What percentage of Jon’s net pay is his rent? Round to the nearest tenth of one percent. Answer
  1. In December, Jon spent $200 more than his net pay. What were Jon’s expenses as a percentage of his net pay? Round to the nearest tenth of one percent. Answer

If you answered the Are You Ready? questions without any issues, move on to Discover.

 

If you had some difficulty with the Are You Ready? questions, complete Refresher.