A teacher earns a gross monthly salary of GH₵ 3,200. If 5.5% is deducted for SSNIT pension, what is the SSNIT deduction?
Answer and explanation
Correct answer: D. GH₵ 176.00
- Step 1: Calculate 5.5% of GH₵ 3,200: (5.5 / 100) 3,200. Step 2. Multiply: 5.5 32 = 176.00. Answer: GH₵ 176.00. Why not the others: GH₵ 160.00 calculates 5.0%; GH₵ 192.00 calculates 6.0%; GH₵ 320.00 calculates 10%.
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