mrs briones has a monthly pay of 50000.00. the witholding tax deducted from her salary is 5275.75. what is the actual pay she received in a year?
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Answer:
The actual pay Mrs. Briones received in a year is Rs 5,36,691
Step-by-step explanation:
Given :
• Monthly pay of Mrs. Briones = Rs 50,000.00
• The witholding tax deducted from her salary = Rs 5,275.75
To find :
• The actual pay Mrs. Briones received in a year
Solution :
Monthly salary of Mrs. Briones = Rs 50,000.00
Deducted money (withholding tax) = Rs 5,275.75
So,
Subtract the amount of the witholding tax into monthly pay
⇒ 50,000.00 - 5,275.75
⇒ 44,724.25
Pay of 1 month is Rs 44,724.25
⇒ 44,724.25 × 12
⇒ 5,36,691
Therefore,
The actual pay Mrs. Briones received in a year is Rs 5,36,691
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