Question

John's gross income is $1,000 per month. Based on an assumption that 25% of his gross income will be withheld, he can expect his disposable (spendable) income to be _______ per month.
A. $650

B. $750

C. $850

D. $950

Answer 1

First take $1000 x .25 to get the amount that will be withheld from his gross income. Then take the amount withheld and subtract it from $1000. This will give you the disposable income left after the amount withheld is taken out. The correct answer should be B. $750.

Answer 2

750

Answer 3

Thank you