WorksheetsGROSS AND NET EARNINGS
Total questions: 15
Worksheet time: 8mins
Gross earning is sometimes greater than net earnings.
TRUE
FALSE
Overtime pay is part of deductions.
TRUE
FALSE
The deduction is always greater than Gross earning
TRUE
FALSE
If the deductions are 0, then gross earning is equal to net earnings.
TRUE
FALSE
Deductions sometimes are greater than net earnings
TRUE
FALSE
What is the net earning of no.1 in the table?
₱2, 595
₱5, 990
₱15, 750
₱18, 750
What is the gross earning of no.2 in the table?
₱2, 595
₱5, 990
₱12, 400
₱15, 750
₱18, 750
What is the deduction of no.3 in the table?
₱2, 595
₱5, 990
₱12, 400
₱15, 750
₱18, 750
What is the gross earning of no.4 in the table?
₱2, 595
₱5, 990
₱12, 400
₱15, 750
₱18, 750
What is the deduction of no.5 in the table?
₱2, 595
₱5, 990
₱12, 400
₱15, 750
₱18, 750
Joseph's net pay is ₱14, 975.68. If his total deduction is ₱1, 962.05, how much is his gross earnings?
₱12, 937.73
₱16, 937.73
₱13, 013.53
₱18, 900.73
Lucy works fifteen hours a week and earns ₱72.50 per hour. How much does she earn in a week?
₱1, 087.50
₱8, 700.00
₱1, 807.50
₱7, 800.00
An employee has a monthly salary of ₱10, 000. His legal deductions are the following: ₱363 for SSS premium, ₱125 for the PhilHealth, ₱200 for Pag-Ibig Fund and ₱500 for the income tax. How much is his net earnings in a month?
₱1, 188
₱6, 812
₱2, 112
₱8, 812
An employee receives 93% of his gross income due to required deductions. If his
monthly gross income is ₱40,000, how much is his net pay?
₱33, 300
₱35, 100
₱36, 900
₱37, 200
Ivan is an area manager in BTS Mart. He receives a monthly salary of ₱25, 000. 00. He also owns a bond that has a face value of ₱200, 000.00 and that earns at an annual simple interest rate of 6%. How much is his gross earnings in a year?
₱212, 000.00
₱412, 000.00
₱312, 000.00
₱512, 000.00
