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3 years ago

9 Sam earns $54 275 in a year.

Mathematics

1 answer:

sveticcg [70]3 years ago

7 0

Answer:

See all three answers below

Step-by-step explanation:

Given data

Amount Earned= $54275

Income Tax= 18%

a Work out how much income tax he pays.

Amount of income tax

=18/100*54275

=0.18*54275

=$9769.5

b Work out what percentage of his income he pays in tax.

=9769.5/54275*100

=0.18*100

=18%

c. If the income tax rate is increased to 21%, how much more tax will Sam pay?

=21/100*54275

=0.21*54275

=$11397.75

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