Question

Olaolu’s monthly salary is 604.18.He pays 10%as income tax per month.What is his monthly tax to the nearest naira

Answer 1

Answer:

  ₦60

Step-by-step explanation:

The amount of tax will be found by multiplying the tax rate by the amount being taxed.

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The monthly tax is the tax rate times the monthly salary:

  10% × ₦604.18 = ₦60.42

Olaolu's monthly tax is about ₦60.