Question

A doctor has an annual income of $152,125. The income tax the doctor has to pay is 6% , what is the amount of income tax in dollars and cents that the doctor has to pay ?
( this is a griddable question by the way )

Answer 1

I believe the amount of income tax the doctor has to pay is $9,127.5

Answer 2

Answer:

The amount of income tax is $9127.50  or  912750 cents.

Step-by-step explanation:

Amount of annual income = $\ 152,125$

Rate of income tax = $6\%$

So, the amount of income tax in dollars

$= 6\%$ of $\ 152,125$

$=(\frac{6}{100}\times \ 152125 )= \ 9,127.50$

and in cents $=(9127.50\times 100) cents = 912750cents$