In most cases, income tax brackets are progressive, meaning that the greater the income, the higher the rate of taxation. Federal rates for the 2013 tax year range from 10 to 39.6 percent. State and city rates are generally much lower.
Hmmm so, parallel lines have the same slope, so a line that's parallel to <span>y=1/3x-5, will also have the same slope as that one, what would that be anyway? </span>

, well, low and behold, since that equation is in slope-intercept form already, we can see is just 1/3.
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so, what is the equation of a line whose slope is 1/3 and runs through 3, -7?
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The second choice is correct, but I believe that either its +1/3 ( in the question) or -3y as that will give you the answer of: y=1/3x+6
Answer: Marked Prixe = Rs. 1800
Step-by-step explanation:
Let the marked price be M
1) A retailer allowed 12% discount and sold a T-shirt at a loss of Rs 16.
SP = 0.88M
CP - SP = 16
CP = 16 + SP
CP = 16 + 0.88M
2) If he had sold it at 10% discount he would have gained Rs 20.
SP = 0.9M
SP - CP = 20
0.9M = 20 + CP
CP = 0.9M - 20
16 + 0.88M = 0.9M - 20
0.9M - 0.88M = 20+16
0.02M = 36
36 = 0.02M
M = 1800