The amount of money worker will take home is €24752.6
What is gross pay?
Gross pay is the amount earned by any individual without any deductions of the taxes, and charges. It is the total amount of money earned by anyone.
Given that:-
- The gross pay of a worker in a factory is €30800.60 per annum. If €504 is deducted from his salary month.
The amount of money he will take home will be calculated as:-
Gross pay = €30800.60
Deductions = €504 per month = 504 x 12 = €6048 per year.
So net pay = 30800.6 - 6048 = €24752.6
Therefore the amount of money the worker will take home is €24752.6
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