Wonderlic Cognitive Ability Practice Test

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Prepare for the Wonderlic Cognitive Ability Test. Ace your test with engaging multiple choice questions, detailed explanations, and invaluable hints. Boost your cognitive skills today!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

If John's gross pay is $4687.24 and $421.78 is deducted, what is his take-home pay?

$421.78
$4265.46
$4687.24
$5109.02

The correct answer is: $4265.46

To determine John's take-home pay, you simply need to subtract the deductibles from his gross pay. The gross pay is the total amount earned before any deductions, which in this case is $4687.24. The amount deducted, which is $421.78, represents taxes or other withholdings that reduce the amount of money John actually receives. Calculating the take-home pay involves this straightforward operation: Take-home pay = Gross pay - Deductions = $4687.24 - $421.78 = $4265.46. This result means that after the deduction, John will receive $4265.46, which is his take-home pay. This computation highlights the importance of understanding how to calculate net income from gross income, a crucial skill in financial literacy.