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2 answers:
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The income tax rate must be 29%.
Given that,
Thailand has a workforce of 35,709,487 people, each of whom earns an average salary of (equivalent USD) $8,630 annually.
If the Thai government wants to raise $70 billion in tax revenue,
We have to find,
The approximately where should it set the income tax rate?
According to the question,
Thailand has a workforce of 35,709,487 people, each of whom earns an average salary of (equivalent USD) $8,630 annually.
If the Thai government wants to raise $70 billion in tax revenue,
Then,
The income tax rate is,
Hence, The income tax rate must be 29%.
For more details refer to the link given below.
Answer:
$4
Step-by-step explanation:
Discount is a form of consideration in price or amount given to a customer on a sale of goods. It can be deduced from the question that;
The original price of each plant = $x
Number of plants purchased = 20
Price of the number of plants purchased without discount = $20x
Amount paid for the 20 plants with discount = $(20x - 80)
Thus,
The discount on the 20 plants = $80
Discount on each plant =
=
= $4
Discount on each plant = $4
Therefore, each plant was discounted by $4.