4. Mr. Fernandez has a monthly pay of P 5,450. The tax deducted from
his monthly salary is 543.00. What is the actual pay he receives in a
year?
5. Dianne works 2.5 hours a day from Monday to Friday and 3.75 hours
on Saturday. If he is paid P25.00 per hour, how much does he earn in
week?
a
Answers & Comments
Verified answer
Answer:
Mr. Fernandez's actual pay in a year is Php 58,884.
Step-by-step explanation:
1) Multiply the monthly pay by the number of months in a year
Php 5,450 x 12 = 65,400 pesos
2) Multiply the monthly tax deduction to his salary by the number of months in a year.
Php 543 x 12 = 6,516 pesos
3) Subtract the amount of yearly tax to be deducted to his yearly salary.
Php 65,400 - Php 6,516 = 58,884 pesos.
Therefore, Mr. Fernandez's actual pay in a year is Php 58,884
Answer:
4.₱71,916
₱5,993 × 12 = ₱71,916