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Mathematics, 14.12.2021 14:10 Savageboyn
A minimum wage in a city is paid Php 481 for an 8-hour workday. If he works for 20 days in one month, and has to pay monthly deductions: Php 100 (pag-ibig), Php 200 (Philhealth) and 363.30 (SSS). He is exempted from paying income tax.
Compute for the following:
a. Gross income for one year
b. Total deductions for the month
c. Net income for the month
d. Net income for the year
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Answers: 2
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A minimum wage in a city is paid Php 481 for an 8-hour workday. If he works for 20 days in one month...
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