A company has a maximum of 2,500 dollars to pay employees during a single week. If one third of the payment goes to taxes, and each employee is paid an equal amount.. how many employee’s can the company pay?

Answer 1

Let's denote the total amount available to pay employees as "X". We know that X is $2,500.

Since one third of the payment goes to taxes, the total amount available after taxes is 2/3 of X.

2/3 * $2,500 = $1,666.67

Let's denote the payment for each employee as "Y". If the company can pay N employees, the total amount paid to employees would be N * Y.

From the information given, we can set up the equation:

N * Y = $1,666.67

We also know that each employee is paid an equal amount and the total amount available for payment is $2,500. This means:

Y * N = $2,500

Now we have two equations:

N * Y = $1,666.67
N * Y = $2,500

From these two equations, we can see that it is not possible to pay all employees an equal amount while staying within the budget. Therefore, the company cannot pay any employees.

Answer 2

how many can the company pay?

Answer 3

Apologies for the confusion in the previous response. Let's reevaluate the problem:

From the given information, one third of the payment goes to taxes, so 2/3 of the payment is available for the employees.

2/3 * $2,500 = $1,666.67

Let's denote the payment for each employee as "Y". We want to find out how many employees (N) the company can pay with the available amount after taxes.

N * Y = $1,666.67

We also know that each employee is paid an equal amount, so the total amount paid to employees must be within the available budget:

N * Y ≤ $2,500

Substitute the value of Y from the first equation into the second inequality:

N * $1,666.67 ≤ $2,500
N ≤ $2,500 / $1,666.67
N ≤ 1.5

Since the number of employees must be a whole number, the company can pay a maximum of 1 employee while staying within the budget and ensuring each employee is paid an equal amount.