An employee receives a bi-weekly gross salary of $2,000. Income tax is $218, CPP is $99, EI is $36, and union dues are $50. What is the amount of the employee's take home pay (net pay) on a bi- weekly basis?
A) $1,597
B) $1,732
C) $1,782
D) $2,000

Question

Quizplus · Accepted Answer

Net pay = Gross pay - (Income tax + CPP + EI + Union dues)= $2,000 - ($218 + $99 + $36 + $50)= $2,000 - $403= $1,597

An Employee Receives a Bi-Weekly Gross Salary of $2,000