4/7 and 3/10 with same denomiator
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Given
Erin Lytle's gross pay is $26,300
She takes a married exemption of $4,000
state income tax rate is 5.5%
Find out she pay in state income tax
To proof
Gross pay = $26,300
married exemption = $4,000
Let the she pay in state income tax = x
5.5 % written in the simpler form
=
= 0 .055
than the equation becomes
x = 0.055 ( 26300 - 4000)
x = 0.055× 22300
x = $1226.5
Erin Lytle pay in state income tax is $ 1226.5
Hence proved