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Subtract.
Gross is the amount you started with. Net is the amount you have left after some was taken away. (for whatever reason)
Examples:
If you gross $1000 in earnings and than pay $200 in taxes, you net $800 because: (1000 - 200 = 800).
If you gross $1000 in sales volume but it cost you $900 to produce the items you sold; your net would be $100 profit because: (1000 - 900 = 100).
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How do you work out a nett amount plus 20 percent to give a gross amount?
Net amount x 120%= Gross amount
How do you get net amount for 1280.00 gross amount?
The answer will depend on what you are "netting" for: taxes, deductions, other.
Difference between gross and net volume?
Gross is what is made prior to all tax deductions. Net pay is the actual amount made. For instance if your check before taxes is $500 that is your gross pay. If after taxes it is $409 that is your net pay. The same can be applied to volume.
How is gross income different from net income?
net income is gross income less expenses
How do you solve monthly gross pay?
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)
Gross of vat and net of vat?
There is no such term as gross of VAT. The amount with VAT is called the gross amount while the net of VAT is the amount after the VAT has been deducted.
How do you work out a nett amount plus 20 percent to give a gross amount?
Net amount x 120%= Gross amount
In NJ is the Executors fee based on the gross or net amount of the estate?
Gross.
Formula of gross to net amount?
hoe to find out net amount while basic salary is given?
What you mean by gross pay and net pay?
gross pay= the amount a person is entitled to net pay= the amount a person is given after the deductions of different taxes and insurances.
Gross pay net pay?
gross pay: the amount made before taxesnet pay: the amount after subtracting taxes and benefit from your gross pay
Use gross in a sentence'?
The company reported gross profits of $1 million last quarter.
What is difference between gross pay and net pay?
Gross pay amount is without any deductions while net pay amount is after adjusting the required tax or other deductions.
What does net of taxes mean?
It simply means what's left after tax is deducted from an amount. Net of tax = Gross Amount - Tax
How do you get net amount for 1280.00 gross amount?
The answer will depend on what you are "netting" for: taxes, deductions, other.
Net to Gross Paycheck Calculator?
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.
What percentage of gross pay equals net pay?
The amount is not a straight percentage. Gross pay is the amount you are paid before any tax withholding. Net pay is the amount you take home after taxes are withheld from your paycheck.
