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You know that all your deductions add up to approximately 34% of your gross pay and you earn $1057 a week. Calculate what your net pay will be every week.Enter the numbers only with no dollar sign in the box

Question

You know that all your deductions add up to approximately 34% of your gross pay and you earn $1057 a week. Calculate what your net pay will be every week.Enter the numbers only with no dollar sign in the box

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Solution

To calculate your net pay, you first need to determine how much is being deducted from your gross pay.

  1. Multiply your gross pay by the percentage of your deductions. In this case, that's 10570.34(whichisthedecimalequivalentof341057 * 0.34 (which is the decimal equivalent of 34%). This equals 359.38.

  2. Subtract this amount from your gross pay to find your net pay. So, 10571057 - 359.38 equals $697.62.

So, your net pay each week is approximately $697.62.

This problem has been solved

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