Question

3. Sandra earns P62,954 per month. Determine the following Percentage Amount of Deduction Whld Tax 24% SSS 1.4% Philhealth 1.1% SSS 1.4% Pag-ibig 0.2% Total Deduction Net Pay​

Answer 1

Sandra's total deductions are $16,808.71, and her net pay is $46,145.29.

Given that Sandra earns $ 62,954 per month, to determine the percentage of deductions the following calculations must be performed:

• Withhold Tax 24%
• 62,954 x 0.24 = 15,108.96  
• SSS 1.4%
• 62,954 x 0.014 = 881.35  
• Philhealth 1.1%
• 62.954 x 0.011 = 692.49  
• Pag-ibig 0.2%
• 62.954 x 0.002 = 125.90  
• Total Deduction = 15,108.96 + 881.35 + 692.49 + 125.90 = 16,808.71
• Net Pay = 62,954 - 16,808.71 = 46,145.29

Therefore, Sandra's total deductions are $16,808.71, and her net pay is $46,145.29.

Learn more about quantities in https://brainly.com/question/25716934