Question

6. Sista's gross pay on her paycheque is $2,048.50. Her deductions are: Income Tax $307.28 E.I. 1.73% and

CPP 4.95%. Calculate her net pay.

Answer 1

$ 1,604.38

Explanation:

2,048.50 - 307.28 - (2,048.50 x 0.0173) - (2,048.50 x 0.0495)

= 1,604.38