Gross Pay, Net Pay and Deductions - Questions
Question 8
58957
Patrick receives a net weekly pay of $1125 and has deductions of $285 for income tax, $42 for health fund payments, and $74 for superannuation each week.
(i) what are Patrick's annual total deductions?
(ii) what is Patrick's annual gross pay?
Question 9
58958
Amelia owns an investment property that is rented for $720 per week. She pays the real estate agent a management fee of 3% and land tax of $1600 per quarter.
(i) what is Amelia's gross annual income?
(ii) what is Amelia's net annual income?
Question 10
58959
Ella receives a yearly gross salary of $82,480. She pays 21% of her weekly gross salary in income tax. She contributes 8% of her weekly gross salary to her superannuation fund.
(i) What is her gross weekly pay?
(ii) What is her net weekly pay?