Suresh age 35 is a fulltime employee In 201617 he earns 7500

Suresh, age 35, is a full-time employee. In 2016/17 he earns $75,000. In the quarter ending 31 March 2017, Suresh earned $10,000 in overtime. Suresh\'s employer pays its SG contribution for the March 2017 quarter on 1 May 2017. How much must Suresh\'s employer pay to meet its March 2016 quarter obligations?

a. $8,075

b. $2,862

c. $2,732

d. $1,781

Suresh\'s Total Earnings for 2016/17 = $75000

So for one quarter = $75000/4 = $18750

Superannuation Guarantee rate = 9.5% for 2016-17

For the quarter march 2017, SG = 9.5%*$18750

= $1781.25

Option (D) is the correct answer

$Suresh, age 35, is a full-time employee. In 2016/17 he earns $75,000. In the quarter ending 31 March 2017, Suresh earned $10,000 in overtime. Suresh\'s employer$

Suresh age 35 is a fulltime employee In 201617 he earns 7500

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