John earns $ 6000 per month. He spent $ 1000 is on house rent, $ 1200 on food and $ 500 on miscellaneous expenditure. What is the percentage of his saving?
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John earns $ 6000 per month. He spent $ 1000 is on house rent, $ 1200 on food and $ 500 on miscellaneous expenditure. What is the percentage of his saving?
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Answer:
Let's see,
1/3=2/6=4/12=8/24
1/4=2/8=6/24
1/6=2/12=4/24
1/8=3/24
So the total percentage of his expences come down to:
21/24
That what remains is equal to $1250:
3/24∗(Salary)=$1250.
Salary=$1250∗24/3=$10000.
Then we have to calculate for taxes, where the rates in Holland are 52% if you're earning over some amount of €66.422 annually, which translates to $72.921,39 as of the current rates. Thus the total salary becomes
$10000/0.48=$20833,33 per month.