Not enough information. You also need to know how much was discounted - either as a money amount, or as a percentage. For example, if you know the money, amount, the net pay is equal to gross pay minus discounts, therefore the gross pay is the net pay plus discounts. If you know the percentage discount, the calculation is just a little bit more complicated, but the point is that you would have enough information.
950 - 118.54 = 831.46
Net to Gross Paycheck Calculator This calculator helps you determine the gross paycheck needed to provide a required net amount. First, enter the net paycheck you require. Then enter your current payroll information and deductions. We will then calculate the gross pay amount required to achieve your net paycheck. This calculator has been updated to use the new withholding schedules for 2010.
See similar question linked here: If someone grosses 553.00 how do you find out what percentage is taken out if net is 437.88 in Utah
can u pls give me the difference between basic and net pay
You add the deductions to the take home pay to get the gross pay. $743 + $25 + $5 + $27 = $800.00
are garnishments calculated by gross pay or net pay
Gross pay is pay before taxes have been deducted were net pay is after taxes.
The difference isn't approximate. Gross pay is how much in total you have been paid. Net pay is the amount of money you have left after spending it. So for example, Your Gross pay each year is $200,000 but after taxes, bills, fun, and luxuries your net pay is $12,000 a year.
Your GROSS pay is before any deductions. Compute deductions, subtract them from your gross pay, and get your NET pay- that is how much you get to take home.
Net pay = gross pay - deductions. Or in percentages: Net pay = gross pay x (1 - percentage of deductions / 100) If you have any two of these, you can solve the third. For example, in the last formula: gross pay = net pay / (1 - percentage of deductions / 100)
The difference between gross pay and net pay is that gross pay is the amount that you receive before tax deductions and pay net is the money you take home after all the tax deductions
The wages you earn are your gross pay. After taxes and everything else is removed from your paycheck, what remains is your net pay.
No ... Net pay is what you get to take home after taxes. Gross pay is your salary before taxes.
Generally, take home pay is net pay.
gross?
gross pay: the amount made before taxesnet pay: the amount after subtracting taxes and benefit from your gross pay
withholdings