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Many people say that for every dollar you earn, you really make only 70 cents. If your gross pay is $1000 for a summer job, then how much is your net pay?

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  1. 13 May, 23:31
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    Your net pay is $700 because $300 is the portion of your pay that gets taken away.
  2. 13 May, 23:36
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    70 cents is the same as 70% of a dollar. To find 70% of 1000, you multiply by. 7.

    .7 x 1000 = 700

    This is my understanding of the problem.
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