At Westonci.ca, we connect you with the best answers from a community of experienced and knowledgeable individuals. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

If the take-home pay is $1,456 and 25% was withheld in taxes, what is the gross pay?

Round your answer to the nearest cent.


Sagot :

To determine the gross pay when given a take-home pay and a tax rate, we follow these steps:

1. Understand the Problem: We know that the take-home pay is what remains after tax has been deducted. Given that the take-home pay is $1,456 and 25% was withheld in taxes, we are to find the gross pay before tax deduction.

2. Formulate the Relationship:
- Let \( G \) be the gross pay.
- The tax rate is 25%, which is equivalent to \( 0.25 \).

3. Express the Take-Home Pay in Terms of Gross Pay:
The take-home pay is what remains after 25% of the gross pay has been deducted:
\( \text{Take-home pay} = G - G \times \text{tax rate} \)
This can be simplified to:
\( \text{Take-home pay} = G \times (1 - 0.25) \)
\( \text{Take-home pay} = G \times 0.75 \)

4. Solve for the Gross Pay:
We need to isolate \( G \) (the gross pay) in the equation:
\( 1456 = G \times 0.75 \)
To find \( G \), divide both sides by \( 0.75 \):
\( G = \frac{1456}{0.75} \)

5. Calculate the Gross Pay:
Perform the division:
\( G = 1941.33 \)

So, the gross pay, rounded to the nearest cent, is $1,941.33.
We appreciate your time on our site. Don't hesitate to return whenever you have more questions or need further clarification. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Your questions are important to us at Westonci.ca. Visit again for expert answers and reliable information.