Answer to Question #300322 in Financial Math for Anthonette

Question

Round off your answers to the nearest centavo.

Problem no.1

Ms. Guiao receives a monthly basic salary of P18,000. She also receives P1,500 monthly for the rice subsidy. Solve for the following;

GSIS contribution

PhilHealth contribution

Pag-ibig contribution

Income tax

Net pay

Problem no.2

Paulo receives P25,000 for his basic monthly pay. For this month, he received P2,000 for the overtime pay, solve for the following;

SSS contribution

PhilHealth contribution

Pag-ibig contribution

Income tax

Net pay

Problem no.3

Ms. Antonio, a sales agent, receives P30,000 for her monthly bazic salary. This month she receive P1,800 for night shift differential. Solve for the following.

SSS contribution

PhilHealth contribution

Pag-ibig contribution

Income tax

Net pay