150. 1:4. 120:30. 120-30=90
Answer:
(3/4)/5=.15, or in fractions, 3/20
Step-by-step explanation:
Percentage of taxes = 2.5%
Amount of income = $80000
Amount of money paid = (2.5/100) * 80000
= 2.5 * 800
= 2000
<span>So $2000 is the amount needed to pay taxes every year. </span>