Question

You want to figure out how much your next paycheck will be. You worked 80 hours and you make $12.50 per hour. You enter the number of hours you worked in cell A2, and you enter 12.50 in cell A3. You know that 12 percent is deducted from each paycheck for taxes and social security. What formula should you use?

Answer 1

=A2*A3*.88

Step-by-step explanation:

Remember that when using Excel the easiest way to determine something is by doing the most direct operation to the result we want, so the best option would be the second one because you are multiplying the number of hours that you worked by the amount that you are being paid for each worked hour and then multiplying that by .88 which is the percentage that you´ll get after taxes.