SOLUTION: A person's annual salary is $80,000. A percentage of 10.25% is deducted from the salary for the person's retirement plan. After deducting the cost of the retirement plan, approx

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: A person's annual salary is $80,000. A percentage of 10.25% is deducted from the salary for the person's retirement plan. After deducting the cost of the retirement plan, approx      Log On


   



Question 606217: A person's annual salary is $80,000. A percentage of 10.25% is deducted from the salary for the person's retirement plan.
After deducting the cost of the retirement plan, approximately how much money remains from the annual salary?

Answer by mathie123(224) About Me  (Show Source):
You can put this solution on YOUR website!
So we started with a salary of 80 000. Since 10.25% was deducted, (and the original amount is 100%), we have
100%25-10.25%25=89.75%25 remaining
So that means we have
80000%2A0.8975=71+800
remaining in the annual salary. Hopefully this helps a bit:) If you are unsure about anything let me know:)