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    Renzo Rivera
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    4 views1 page

    BM Formulas

    Uploaded by

    Renzo Rivera

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    BUSINESS MATH

    Gross Income
    = Basic Salary + Allowances

    Non-Taxable Deductions
    = SSS + Pag – Ibig + Philhealth

    Tax Income
    = Gross Income – Non Tax Deduction

    1. Rizalina Tabiion works as a sales agent with a monthly income of P24,860. What is her
    net pay?

    2. Tony Medina receives a monthly income of P18,750 as a teacher in a small private


    school. What is his net pay?

    3. Letty Marquez is a college dean with a monthly income of P 52, 340. What is her net pay
    per month?

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