Salary and Pay Rates
Math and Arithmetic

# How do you solve monthly gross pay?

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###### 2014-09-10 14:11:06

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)

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## Related Questions

Gross monthly pay is a person's monthly pay before taxes. If Michael is paid \$42,624 a year (annually) but he gets paid every month, then you would divide 42624 by 12 because there are 12 months in a year. 42624/12= 3552

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Assuming a base salary of \$28,000/year for vet techs just starting their career, monthly gross pay would be approximately \$2300. Maybe a little less than \$2000 after taxes.

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Again you don't get a weekly pay when you make an annual salary. You are paid monthly. Divide 12 into 40,000 and you will have the gross pay.

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It depends on how many months you have in your year. If there are 12, then each month generates \$65,700/12 = \$5,475

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A gross monthly salary is the amount of money you make before taxes and withholding. The net amount is what is left after deductions.

It is taxes and benefits.Gross pay - taxes + benefits = net pay.

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