Civil Service Exam Reviewer · Percentage · medium

An employee's monthly salary is ₱47,000. If 8% is deducted for taxes and contributions, what is the take-home pay?

1. ₱3,760
2. ₱43,240
3. ₱46,992
4. ₱50,760

Answer

B. ₱43,240

Solution

Take-home = ₱47,000 × 0.92 = ₱43,240.

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