You know that all your deductions add up to approximately 31% of your gross pay and you earn $1025 a week. Calculate what your net pay will be every week.
Question
You know that all your deductions add up to approximately 31% of your gross pay and you earn $1025 a week. Calculate what your net pay will be every week.
Solution
Sure, here's how you can calculate your net pay:
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First, you need to calculate the total amount of your deductions. Since your deductions are approximately 31% of your gross pay, you multiply your gross pay by 31/100.
So, 1025 * 31/100 = $317.75
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Next, you subtract your deductions from your gross pay to find your net pay.
So, 1025 - 317.75 = $707.25
Therefore, your net pay every week will be approximately $707.25.
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