Question

Take-home pay is about 70% of gross pay. If your annual salary is $40,000

what is your annual take-home pay?

Answer 1

$28,000

Step-by-step explanation:

The annual salary is $40,000

Take home is 70% of $40,000

=70% x $40,000

=70/100 x $40,000

=0.7 x $40,000

=$28,000