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The total amount of deductions from an employee’s gross pay is $97. 45. If the gross pay is $423. 70, what percent of their gross pay is being withheld? a. 21% b. 22% c. 23% d. 24%.

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chilljain33

The correct statement is that 23% of the gross pay of the employee is being withheld from the total gross pay of $423.70. So, the correct option is C.

Gross pay deduction to as a monthly deduction which is made by the employer for contribution towards different provident funds and cost of employees.

Calculation of gross pay

  • The deduction of the total gross pay can be calculated as percentage by using the simple formula as below,

  • [tex]\rm Deduction (\%)= \dfrac {Total\ Deduction\ in\ Amount}{Gross\ Pay\ in\ Amount} x\ 100[/tex]

  • Putting the values as given in the information provided above in the formula, we get,

  • [tex]\rm Deduction(\%)=\dfrac{97.45}{423.70} x\ 100\\\\\rm Deduction(\%)= 22.99\%[/tex]

  • So, the deduction of gross pay is around 23%.

Hence, the correct option is C that the deduction of gross pay in percentage with respect to a salary of $423.70 is calculated as 23% when the total deduction is $97.45.

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