Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
question about pay percentages?
if i make 8.97 at my job now, but after taxes i get 7.36 when divided by my hours, how much of a percentage of my wage is taken out by taxes?
my pay rate is 8.97
i worked 35.30 hours
my check was $260.06
how much of a percentage was taken out by taxes?
4 Answers
- 1 decade agoFavorite Answer
100 -(7.36 / 8.97 * 100) = 17.95%
8.97*35.3 = 316.641
7.36*35.3 = 259.808
100 - (259.808 / 316.641 * 100) = 17.95%
- minorchord2000Lv 61 decade ago
I you work 35.3 hours and your check is 260.06, then the net wage is 260.06/35.3 = 7.367, not 7.36, then the decrease is (8.97-7.367) = 1.603 so the decrease in percentage is 1.603/8.97 = 17.87%.
Your gross check would have been 8.97*35.30 = 316.64 so the tax bite is (316.64-260.06) = 56.58 or 56.58/316.64 = the same 17.87%.
answer: 17.87%
- 1 decade ago
Without taxes = 8.97 x 35.3 = 316.64
With taxes = 260.06
So taxes took (316.64-260.06) of 316.64
Which is (56.58)/(316.64) = .1786 which is 18%
