Math word problem

Question

Mike's average monthly gross income is $2200, but his average monthly net income after taxes is only $1870.  What percent of his monthly income is taken in taxes?

Answer 1

2220 is gross income; net income is 1870; the difference (350) is what is taken in taxes.

 

The ratio is 350 to 2220; 350 / 2220 = 0.1577 which is 15.77%.