Question

9 Sam earns $54 275 in a year.
He pays no income tax on the first $8200.
Не pays 18% income tax on everything he earns over $8200.
a Work out how much income tax he pays.
b Work out what percentage of his income he pays in tax.
C If the income tax rate is increased to 21%, how much more tax will Sam pay?​

Answer 1

Answer:

Let the marked price be x.

Let the cost price be 100.

Then the selling price = 100 + 8

= 108.

Given that the dealer allows the discount of 10% on the marked price.

90% of x = 108

90/100 * x = 108

90 * x = 108 * 100

90 * x = 10800

x = 10800/90

x = 120.

Therefore the Marked price is 20% above the cost price.

Hope this helps!

Answer 2

DUDE IT'S SO SIMPLE

A ) SAM EARN - 54 , 275

PAYS - 18 PERCENT ON FIRST 8200

SO THAT MEANS 18 PERCENT TAX ON - 54 275 - 8200-46075

NOW , 18 PERCENT OF 46075

= 18 /100 INTO 46075 = DOLLAR 8293.5

SO , SAM PAYS DOLLAR 8293.5 AS INCOME TAX

B ) 8293.5 / 54 275 INTO 100 = 15.28 PERCENT

C )  21 = 18  + 3 = 21

3 PERCENT MORE TAX

3 BY 100 INTO 46 075 = 1382.25

NOW ,

1382.25 + 8293.5 = 9675.75 IS  YOUR FINAL ANSWER OF C PART

HOPE U LIKE IT

TOTALLY CORRECT ANSWER

MARK BRAINLIEST