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Suppose you work 45 hours at a rate of 7.25 per hour pluse overtime pay for any hours over 40. You also received a 2% commission on the $800 of chinatableware you sold. Your paycheck lists 324.25 as your gross earnings is that correct

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shubhamchouhanvrVT

No, your paycheck is incorrect. The gross salary will be 342.25.

What is the gross salary?

The amount of money paid to any employee without any deductions of the taxes or anything is called as gross salary.

The gross salary will be calculated as follows:-

40x 7.25= $290.00 (base salary)

5x  7.25 = 36.25  (overtime)

.02x 800= 16.00 (commission)

Gross salary will be = 36.25 + 16  + 290 = $324.25

Therefore your paycheck is incorrect. The gross salary will be 342.25.

To know more about gross salary follow

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