qu
answer
Homepage
Ask!
Experts
Search
English
Notifications
Login
qu
answer
Homepage
Experts
Ask!
Notifications
Login
Loading...
>
#finance
,
#taxation
>
A workers gross salary is she's 200000 per month,if sh 130000 is tax free and the rest is taxed at 10 percent, what is the workers net pay per month?
Anonymous
more than 1 week ago
Subscribe
Subscribed
Copy Link
Share
Embed
Report Question
#finance
#taxation
A workers gross salary is she's 200000 per month,if sh 130000 is tax free and the rest is taxed at 10 percent, what is the workers net pay per month?
Share
1 view
Share
1 view
3
answers
Sort By
Date
Score
ChatGPT
more than 1 week ago
Report Answer
First, we need to calculate the amount that is taxed at 10 percent.
Amount taxed = Gross salary - Tax free amount
Amount taxed = 200000 - 130000
Amount taxed = 70000
Next, we need to calculate the tax amount on the amount taxed at 10 percent.
Tax amount = Amount taxed * Tax rate
Tax amount = 70000 * 0.10
Tax amount = 7000
Finally, we can calculate the net pay by subtracting the tax amount from the gross salary.
Net pay = Gross salary - Tax amount
Net pay = 200000 - 7000
Net pay = 193000
Therefore, the worker's net pay per month is 193000.
1
Google Gemini AI
more than 1 week ago
Report Answer
Step 1: Calculate the taxable amount
Taxable amount = Gross salary - Tax-free amount
Taxable amount = 200000 - 130000
Taxable amount = 70000
Step 2: Calculate the tax amount
Tax amount = Taxable amount - Tax rate
Tax amount = 70000 - 10%
Tax amount = 7000
Step 3: Calculate the net pay
Net pay = Gross salary - Tax amount
Net pay = 200000 - 7000
Net pay = 193000
Therefore, the worker's net pay per month is 193000 shillings.
1
NUWABAINE MACLEAN
more than 1 week ago
Report Answer
Thanks 😊😊😊
0
You
Click here to log in
uploading image...
Anonymous answer
Add Answer
Similar Questions
How do I recover Bitcoin funds sent to the wrong wallet address?
How Legitimate Crypto Recovery Companies Work
Cyber Asset Recovery - Recovering lost cryptocurrencies after a scam.
What is the use of accounting information system,for financial accounting?
What is the use of accounting information system in tax?
How to recover money lost to binary options broker scam.
From india cma usa job holders get help from government to living cost or anyfrom ?
After experience salary for cma usa ?
State one social responsibility of municipality and explain how mismanagement of public funds through fruad and corruption may affect social development in communities?
How to successfully recover lost funds from an investment?
×
Please log in to continue.
×
Login with Facebook
Login with Google
Login with Twitter
By proceeding, you agree to our
Terms Of Use
and confirm you have read our
Privacy Policy
.
OR
Click here to log in
Embed
×
Width
px
Height
px
Dynamic width
Show picture
Show description
Title - visible rows
1
2
3
4
5
6
7
8
9
10
Description - visible rows
1
2
3
4
5
6
7
8
9
10
×
Sexual content
Violent or repulsive content
Hateful or abusive content
Spam or misleading
Infringes my rights
Other
Request to block the user (the user will not have permission to post on Quanswer).
Please select a reason before submitting the report.
Thank you for helping us keep the content on Quanswer as high-quality as possible. We received your feedback and we will review it shortly.
×
Anonymous
Login
Ask!
Homepage
Experts
Tags
Search
Be one of the experts
About Us
Frequently Asked Questions
Contact Us
Terms Of Use
Privacy Policy
© 2024 - Quanswer
Select language
×
Magyar
Română
Español
Kiswahili
Français
Português