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Aina, who works in an accounting firm, earns a monthly salary of 35,000 PHP per month and also receives 3,500 PHP for a monthly allowance. Her monthly contributions are as follows: 1,466 PHP for income tax, 300 PHP for PhilHealth, 800 PHP for SSS, and 100 PHP for Pag-IBIG. Find her NET INCOME for this month.

Respuesta :

Using the given information, Aina's net income is for the month is 35,834 PHP

Calculating Net income

From the question, we are to determine the net Aina's net income

Aina's net income is the value of her total income minus all other expenses

From the given information,

Aina's monthly salary is 35,000 PHP per month and also receives 3,500 PHP for a monthly allowance

∴ Aina's total income = 35,000 PHP + 3,500 PHP

Aina's total income = 38,500 PHP

Sum of her other expenses = 1,466 PHP + 300 PHP + 800 PHP + 100 PHP

Sum of her other expenses = 2,666 PHP

∴ Aina's net income = 38,500 PHP - 2,666 PHP

Aina's net income = 35,834 PHP

Hence, Aina's net income is for the month is 35,834 PHP.

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