Explore a diverse range of topics and get expert answers on IDNLearn.com. Discover reliable and timely information on any topic from our network of experienced professionals.
Sagot :
To determine the gross pay when given a take-home pay and a tax rate, we follow these steps:
1. Understand the Problem: We know that the take-home pay is what remains after tax has been deducted. Given that the take-home pay is $1,456 and 25% was withheld in taxes, we are to find the gross pay before tax deduction.
2. Formulate the Relationship:
- Let \( G \) be the gross pay.
- The tax rate is 25%, which is equivalent to \( 0.25 \).
3. Express the Take-Home Pay in Terms of Gross Pay:
The take-home pay is what remains after 25% of the gross pay has been deducted:
\( \text{Take-home pay} = G - G \times \text{tax rate} \)
This can be simplified to:
\( \text{Take-home pay} = G \times (1 - 0.25) \)
\( \text{Take-home pay} = G \times 0.75 \)
4. Solve for the Gross Pay:
We need to isolate \( G \) (the gross pay) in the equation:
\( 1456 = G \times 0.75 \)
To find \( G \), divide both sides by \( 0.75 \):
\( G = \frac{1456}{0.75} \)
5. Calculate the Gross Pay:
Perform the division:
\( G = 1941.33 \)
So, the gross pay, rounded to the nearest cent, is $1,941.33.
1. Understand the Problem: We know that the take-home pay is what remains after tax has been deducted. Given that the take-home pay is $1,456 and 25% was withheld in taxes, we are to find the gross pay before tax deduction.
2. Formulate the Relationship:
- Let \( G \) be the gross pay.
- The tax rate is 25%, which is equivalent to \( 0.25 \).
3. Express the Take-Home Pay in Terms of Gross Pay:
The take-home pay is what remains after 25% of the gross pay has been deducted:
\( \text{Take-home pay} = G - G \times \text{tax rate} \)
This can be simplified to:
\( \text{Take-home pay} = G \times (1 - 0.25) \)
\( \text{Take-home pay} = G \times 0.75 \)
4. Solve for the Gross Pay:
We need to isolate \( G \) (the gross pay) in the equation:
\( 1456 = G \times 0.75 \)
To find \( G \), divide both sides by \( 0.75 \):
\( G = \frac{1456}{0.75} \)
5. Calculate the Gross Pay:
Perform the division:
\( G = 1941.33 \)
So, the gross pay, rounded to the nearest cent, is $1,941.33.
We appreciate your presence here. Keep sharing knowledge and helping others find the answers they need. This community is the perfect place to learn together. Trust IDNLearn.com for all your queries. We appreciate your visit and hope to assist you again soon.