Charlene’s new net income will be $113.70.
A percentage is a way to describe a part of a whole. such as the fraction 1/4 can be described as 0.25 which is equal to 25%.
To convert a fraction to a percentage, convert the fraction to decimal form and then multiply by 100 with the '%' symbol.
As it is given that the monthly salary of Charlene is $3,410. While her net income is 7% of her monthly income. Therefore, the net income of the Charlene is
[tex]7\%\ of\ \$3410 = \text{Charlene Net income}\\\\\dfrac{7}{100} \times 3410 = \text{Charlene Net income}\\\\ \text{Charlene Net income} = \$238.7[/tex]
Thus, Charlene's net income is $238.7.
Now since Charlene is going to reduce her net income by $125 each month, therefore,
Charlene New Net Income = Charlene Net Income - $125
= $238.7 - $125
= $113.70
Hence, Charlene’s new net income will be $113.70.
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