Patrick's net income will be equal to $1178.41.
What is the percentage?
The Percentage is defined as representing any number with respect to 100. It is denoted by the sign %. The percentage stands for "out of 100." Imagine any measurement or object being divided into 100 equal bits.
Given that Patrick's gross earnings for the week are $1592.45. His deductions comprise 26% of his total compensation.
Patrick's net income will be calculated as below:-
26% of $1592.45 = 1592.45 x ( 26 / 100 ) = 414.037
Subtract the deduction from the gross amount:-
Net income = 1592.45 - 414.037 = $1178.41
Therefore, Patrick's net income will be equal to $1178.41.
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