The currency in a certain country is called the sirktian. In this country's tax system, a person pays 0 sirktians on the first

Question

3 years ago

13

The currency in a certain country is called the sirktian. In this country's tax system, a person pays 0 sirktians on the first

27,500 sirktians earned. They then pay a flat tax of 29% on everything over 27,500 sirktians. This information is summarized in the following tax table.
Income (in sirktians) Tax Rate
0-27, 500 0%
Over 27,500 29%

How many Sirktians in taxes are owed for an individual earning 28,600 sirktians?

Mathematics

1 answer:

Alexeev081 [22] · Answer 1 · 2022-03-27T15:15:31+03:00

Alexeev081 [22]3 years ago

6 0

Total income = 28,600 sirktians
Income above 27,500 sirktians = 28600 - 27500 = 1100 sirktians

Taxes on the first 27,500 sirktians = 0
Note that 29% = 0.29.
Taxes on 1100 sirktians = 1100*0.29 = 319 sirktians

Answer: 319 sirktians

The currency in a certain country is called the sirktian. In this country's tax​ system, a person pays 0 sirktians on the first

The currency in a certain country is called the sirktian. In this country's tax system, a person pays 0 sirktians on the first