McTavish's regular and overtime gross pay combined, for the week ending 30 November, was $1250. Amounts were deducted for income tax $243.70, union fees $12 and donations to charity $25. McTavish contributes 5% of his gross pay to a superannuation fund as a personal contribution. His net pay for the week is:

Question

Quizplus · Accepted Answer

First, we need to calculate McTavish's gross pay. We know that his gross pay for regular and overtime combined was $1250. So, let's assume his regular pay was $x, and his overtime pay was $y.

x + y = 1250

Next, we need to subtract the deductions from his gross pay:

1250 - 243.70 - 12 - 25 = 969.3

This is McTavish's total net pay before the superannuation contribution.

To calculate the superannuation contribution, we need to find 5% of his gross pay:

5% of (x + y) = 0.05(x + y)

We can substitute x + y with 1250 from the first equation:

0.05(1250) = 62.5

McTavish contributes $62.5 to his superannuation fund.

Finally, we can subtract the superannuation contribution from his total net pay:

969.3 - 62.5 = $906.80

Therefore, the best answer is C.

McTavish's Regular and Overtime Gross Pay Combined, for the Week