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7. Mr. Buenaventurado's annual net income is 81 200 000 What is his annual gross income

7. Mr. Buenaventurado's annual net income is 81 200 000 What is his annual gross income

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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7. Mr. Buenaventurado's annual net income is P1,200,000. What is his annual gross income if his annual deduction is 20% of his gross? A. P300,000 C. P1,300,000 В. P1,500,000 D. P2,000,000 8. SPO1 Rimar Santos gets a basic salary of P33,000.00 per month, a living allowance of P2,500.00 per month, and a hazard pay of P1,000.00 every month. Suppose he has to pay annually an amount of P2,355.96 for income tax, P501.88 for PhilHealth, P100.00 for Pag-lbig and P3,285.00 for GSIS contributions. What is his monthly net income? A. P36,500.00 C. P41,785.33 В. P31,214.67 D. P33,000.00
Transcribed Image Text:7. Mr. Buenaventurado's annual net income is P1,200,000. What is his annual gross income if his annual deduction is 20% of his gross? A. P300,000 C. P1,300,000 В. P1,500,000 D. P2,000,000 8. SPO1 Rimar Santos gets a basic salary of P33,000.00 per month, a living allowance of P2,500.00 per month, and a hazard pay of P1,000.00 every month. Suppose he has to pay annually an amount of P2,355.96 for income tax, P501.88 for PhilHealth, P100.00 for Pag-lbig and P3,285.00 for GSIS contributions. What is his monthly net income? A. P36,500.00 C. P41,785.33 В. P31,214.67 D. P33,000.00
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