Civil Service Exam Reviewer · Percentage · medium
An employee's monthly salary is ₱47,000. If 12% is deducted for taxes and contributions, what is the take-home pay?
- ₱5,640
- ₱46,988
- ₱41,360
- ₱52,640
Answer
C. ₱41,360
Solution
Take-home = ₱47,000 × 0.88 = ₱41,360.
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