Subjects personal finance

Net Pay Calculation D146Aa

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1. **State the problem:** Ms Benares has a monthly salary of 71511 pesos, a non-taxable allowance of 2000 pesos, and deductions totaling 5000 pesos. We need to find her net pay after all deductions. 2. **Formula used:** Net Pay = (Salary + Allowance) - Deductions 3. **Calculate total income before deductions:** $$\text{Total Income} = 71511 + 2000 = 73511$$ 4. **Calculate net pay by subtracting deductions:** $$\text{Net Pay} = 73511 - 5000$$ 5. **Show intermediate step with cancellation:** $$\text{Net Pay} = \cancel{73511} - \cancel{5000} + (73511 - 73511 + 5000 - 5000) = 68511$$ 6. **Final answer:** Ms Benares' net pay after all deductions is **68511 pesos**.