Question

gavin would like to contribute towards a pension fund (7,5% of his basic salary 8700) how would this affect his net salary​

Answer 1

net salary = 8047.5

Explanation:

his basic salary is 8700

7.5% of that is (8700)(0.075) = 652.5

He gives this away, so his net salary will become

8700 - 652.5 = 8047.5 = net salary