If Mary Lou's gross pay was $187.20 and 33% was withheld for taxes, what was her net pay?

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Prepare for the Workplace Readiness Skills CTE Test. Use our quiz with flashcards and multiple choice questions, featuring hints and explanations for each question. Ace your exam with confidence!

To determine Mary Lou's net pay after taxes, the first step is to calculate how much was withheld for taxes. Given that her gross pay is $187.20 and 33% of that amount is withheld, you can find the total amount withheld by multiplying her gross pay by the tax rate.

Here’s the calculation:

  1. Calculate the tax amount:

$187.20 * 0.33 = $61.776

Next, to find the net pay, subtract the tax amount from her gross pay:

  1. Calculate the net pay:

$187.20 - $61.776 = $125.424

When rounded to two decimal places, this amount becomes $125.42.

This process shows that the correct answer reflects the accurate calculations based on the percentages of withholding, leading to a net pay of $125.42, which is represented in the available options.

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