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Answer :

The yearly salary after paying for taxes, insurances and other expenses is  r808.42.

What is the yearly salary?

The first step is to determine the total fraction used to pay for taxes, insurances and other expenses:

1/2 + 1/16 + 5/6

(48 + 6 + 80) / 96 = 134 / 96=  1 19/48

Now subtract 1 19/48 from 1

1 19/48 - 1 = 19/48

Finally, divide 19/48 by 320

320 x 48/19 = r808.42

To learn more about the division of fractions, please check: https://brainly.com/question/25779356