The total amount of deductions from an employee’s gross pay is $97.45. if the gross pay is $423.70, what percent of their gross pay is being withheld?

22.9%

Explanation:

Gross wage is the nominal wage, ie the wage agreed in the employment contract before deduction of fees. In this case, the gross salary is $ 423.70. The net salary will be the gross salary amount less the total tax: $ 423.70 - $ 97.45 = $ 326.25. This will be the amount the employee will have available to use.

To find the deduction percentage from the nominal value, simply divide the deduction amount by the gross value. Then you must multiply the result by 100 to find the percentage.

($ 97.45 / $ 423.70) * 100 = 22.9%

The percentage of gross salary withheld from deductions was 22.9%.

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