Question

Lana’s gross pay is $3776. Her deductions total $1020.33. What percent of her gross pay is take-home pay? 73% 50% 27% 25%

Answer 1

73% of her gross pay is take-home pay.

Explanation:

Subtract the deductions from the gross pay. Divide this amount by the gross pay and multiply by 100.

Answer 2

The correct answer is option A, 73%

Explanation:

Gross pay of Lana = $3776

Total deductions on Lana’s pay = $1020.33

Net pay of Lana after deduction = $3776 - $1020.33

= $ 2755.67

Her take home salary = Net pay after deduction

= $ 2755.67

Take home salary as percentage of gross pay = ($ 2755.67/$3776) x 100

= 72.97 %

= 73 %