Kosta receives a gross pay of K2,655.11. His deduction are: tax of K350, superannuation of K76.20, and union fee of K10. What is his net pay?
To find Kosta's net pay, we need to subtract the deductions from his gross pay.
The total deductions are K350 + K76.20 + K10 = K436.20
Net pay = Gross pay - Total deductions
Net pay = K2,655.11 - K436.20
Net pay = K2,218.91
Therefore, Kosta's net pay is K2,218.91.
To calculate Kosta's net pay, we need to subtract his deductions from his gross pay.
1. Subtract the tax deduction:
K2,655.11 - K350 = K2,305.11
2. Subtract the superannuation deduction:
K2,305.11 - K76.20 = K2,228.91
3. Subtract the union fee deduction:
K2,228.91 - K10 = K2,218.91
Therefore, Kosta's net pay is K2,218.91.