Welcome to the Mr. Krabs Pay Calculator, your handy tool for figuring out your net pay. Whether you’re working in a bustling fast food joint under the sea or just need to keep track of your finances, this calculator can help you get the exact figures you need.
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Paycheck Calculation Formula
The following formula is used to calculate the net pay from your salary.
Net Pay = Gross Pay * (1 - State Tax Rate / 100)
Variables:
- Net Pay is the net amount you take home ($)
- Gross Pay is your salary before deductions ($)
- State Tax