The premium deducted from the paycheck each month is $35.
What is the percentage?
"The percentage is a relative value indicating the hundredth part of any quantity. Percentage can be calculated by dividing the value by the total value and then multiplying the result by 100".
For the given situation,
Insurance premium per month = $350
Percentage of the insurance premium paid by employer = 90%
Then 90% of $350 = [tex]350(\frac{90}{100} )[/tex]
⇒ [tex]\$315[/tex]
The insurance premium paid by the employer = $315
Thus the premium deducted from the paycheck each month = [tex]350-315[/tex]
⇒ [tex]\$35[/tex]
Hence we can conclude that the premium deducted from the paycheck each month is $35.
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