Question

Silas earns $620 per week as a chef. He has group medical and dental insurance. Medical coverage costs $8,573 a year and dental coverage costs $172 a year. The restaurant pays 80% of the medical and 65% of the dental insurance. How much is deducted each week for insurance coverage

Answer 1

Silas pays 20% of his medical care and 35% of his dental insurance.

To find how much he pays for each insurance we can use the rule of three. For the medical care we have:

$\begin{gathered} 8573\rightarrow100 \\ x\rightarrow20 \\ \text{then } \\ x=\frac{20\cdot8573}{100}=1714.6 \end{gathered}$

For the dental insurance we have

$\begin{gathered} 172\rightarrow100 \\ x\rightarrow35 \\ \text{then} \\ x=\frac{35\cdot172}{100}=60.2 \end{gathered}$

Hence, he pays annually $1774.8

Since the year has 52 weeks he pays $34.13 weekly.