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To compute for the Net Earnings, we use the formula: NE = GE-TD where: NE = net earnings GE= gross earnings TD= total deductions
To compute for the Net Earnings, we use the formula: NE = GE-TD where: NE = net earnings GE= gross earnings TD= total deductions 1. Mang Teban has total earnings of P10,500.25 from working the entire week. If he has a total deduction of P2,125.50, how much will be his net earnings? Solution: 2. Mrs. Espinosa received a net pay of P22,500.00. If her gross earning is P30,000.00, how much was her total deduction? Solution: 3. If Felix received a net pay of P5,745.25 after he was deducted P1,825.50 from his salary, how much was his gross income? Solution: Complete the missing values in the given table below. Show your solution CONTRIBUTIONS NET PAY PHILHEALTH PAG-IBIG P100 1. P100 2. P100 4. SALARY INCOME TAX P20,000 N/A P800 P30,000 P1,563.33 P800 P2,560.42 P800 5. SSS Employee 1. L. Gonzales 2. M. Ramos 3. J. Carlos 4. G. Lopez 5. D. Villanueva P300 P450 P525 PERFORMANCE TASK # 12 The table below shows the salaries of the "Employee of the Month" in each department of BM Company. Complete the table by solving for the missing values. Write your final answers on a separate sheet of paper or notebook and show your solutions. Gross Earnings Net Earnings Deductions P2,300.00 P45,500.00 P23,245.75 TOTAL DEDUCTIONS P25,000.00 P18,800 3. P31,014.58 P3,870.50 8% of the GE 10% of the GE P17,400.25 P20,115.00 P18,000.00
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