A laboratory technician's monthly payslip records gross pay of £3,150. The payslip shows deductions of £430 for income tax, £165 for National Insurance and £110 for a pension contribution.
Calculate the laboratory technician's net monthly pay.
80 exam-style questions on OCR GCSE Economics 2.7 The labour market, covering 2.7.1 Role and operation of the labour market, 2.7.2 Determination of wages, 2.7.3 Explain gross and net pay, and 2.7.4 Calculate gross and net pay. Each one has a worked solution and a mark scheme showing where the marks go.