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August 21, 2014

Homework Help: math

Posted by jasmine on Tuesday, May 22, 2007 at 10:44pm.

2,375 is monthly mtge. What is my monthly take home pay if 30% is used to pay mortgage?

30% of take-home pay is $2,375

so 30% represents $2375

so divide 2375 by .3 to get your take home pay, which is $7916.67

check: 30% of 7916.67 = 7916.67*.3 = $2375
(nice take home pay, even a bit better than my pension, lol)

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