Find the take-home percent of the gross pay: net pay $2301.23, gross pay $3984. round to the nearest percent.
2 answers:
Answer: 58 %
Explanation:
The take-home percent of the gross pay can be calculated with the following formula:
In this problem, we have
net pay = $2301.23
gross pay = $3984
If we substitute these numbers into the formula, we find
Answer:
Take-home pay as percent of the gross pay = 57.76 %
Step-by-step explanation:
Gross Pay = $3984
Net Pay = $2301.23
Net pay is equal to the take-home pay
Thus , take-home pay as percent of the gross pay
= ($2301.23/$3984) x 100
= 57.76 %
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