To find your actual salary before the deduction, you can set up the equation:
Employer CPF contribution = 20% and Employee = 17% (Total of 37%) Year 2024
Let X be your actual salary before the deduction.
37% of X is equal to $438.
So, you can write the equation:
0.37 * X = $438
To solve for X, divide both sides of the equation by 0.37:
X = $438 / 0.37
Now, calculate:
X = $1183.78 (approximately)
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