Question

Colin's annual salary is $36,792. If he is paid, monthly, what is the gross monthly pay?

Answer 1

1 year = 12 months 
 So 36,792 ÷ 12 = $3066 per month

Answer 2

Gross monthly pay refers to salary without any deductions or extra income. The deductions can be in the form of taxes, insurance and loans. The extra income may include fuel allowance among others.

Let Colin's gross monthly pay be

$x$

Since we have 12 months in a year, the annual salary in dollars

$= 12 \times x = 12x$

But we were also given Colin's annual salary to be

$=36 ,792$

This implies that;

$12x = 36 ,792$

We divide both sides by 12 to obtain,

$x = \frac{ 36 ,792}{12} \\ x = 3066$

Hence Colin's monthly gross pay is $3,066