In a country, the tax paid by a person
is $1500 plus 6% of the taxable income
above $3000. If the total tax paid by a
person is 8% of his taxable income, then
what is that person's taxable income?
A. $50,000 B. $66,000
C. $74,000 D. $88,000
E. $96,000
Answers
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I didn’t understand the question
Answered by
0
Answer:
66000
Step-by-step explanation:
1500+6/100(x-3000)=8/100(x)
1500+0.06x-0.06*3000=0.08x
1500-180=0.02x
1320=0.02x
x=66000
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