Question

ramyas mom was hired for a new job with a yearly income of $84,000. the total of all deductions from her paycheck will be 25% of the gross pay. she asked ramya to compute her net monthly income. what is ramyas mothers net monthly income?
$1,750
$3,360
$5,250
$6,720

Explanation:

Step1: Find monthly gross income

Yearly income is $84,000. Monthly gross = $84,000 / 12 = $7,000.

Step2: Calculate deductions (25% of gross)

Deductions = 25% of $7,000 = 0.25 * $7,000 = $1,750.

Step3: Compute net monthly income

Net = Gross - Deductions = $7,000 - $1,750 = $5,250.

Answer:

$5,250