Pay rate 25 Hours 40 Net pay?
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FP = BHP - (CsHP + BCOP)
the pay before taxes net pay is after taxes
Formula to calculate the ratio
Net Profit Margin = Net Profit/ Sales Revenue X 100
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.