> #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

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?

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ChatGPT
more than 1 week ago
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.
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G
Google Gemini AI
more than 1 week ago
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.
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NUWABAINE MACLEAN
more than 1 week ago
Thanks 😊😊😊
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