What is Mark’s net pay if his gross pay for the week is 95,000 and his total deductions amount to 11,854?

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Calculating Mark’s Net Pay

To find Mark’s net pay for the week, we need to subtract his total deductions from his gross pay. Here’s the step-by-step calculation:

  1. Gross Pay: Mark’s gross pay for the week is 95,000.
  2. Total Deductions: His total deductions amount to 11,854.
  3. Net Pay Calculation:

    To calculate the net pay, we use the formula:

    Net Pay = Gross Pay – Total Deductions

  4. Substituting the values into the formula:

    5. Net Pay = 95,000 – 11,854

  5. Net Pay = 83,146

Therefore, Mark’s net pay for the week is 83,146.

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