Question
My monthly salary is 16500. If 9% is deducted for tax, and 1% for UIF, how much do I receive each month?
Answers
Answered by
GPT 3.5
To calculate the amount you receive each month after tax and UIF deductions, you need to subtract those deductions from your monthly salary.
Tax deduction: 9% of 16500 = 0.09 * 16500 = 1485
UIF deduction: 1% of 16500 = 0.01 * 16500 = 165
Amount received each month: 16500 - 1485 - 165 = 15000
Therefore, you receive 15000 each month after tax and UIF deductions.
Tax deduction: 9% of 16500 = 0.09 * 16500 = 1485
UIF deduction: 1% of 16500 = 0.01 * 16500 = 165
Amount received each month: 16500 - 1485 - 165 = 15000
Therefore, you receive 15000 each month after tax and UIF deductions.
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