jewels earn ₱96,800 a year as a sales agent? About 18% is taken out for taxes. How much is taken out for taxes?
Answers
Answered by
1
Given :
- Jewels earn = ₱96,800
- Tax percent = 18%
To find :
- how much money is taken out for taxes
Steps :
- To find the money for tax, we have to mutliply thy money earned with the tax and divide it by 100.
Solution :
⇒ Let's find the money taken for Tax.
Tax Money = Money × Tax/100
= 96800/100 × 18
= 96800 × 18/100
= 1742700/100
= 17427
- Therefore, ₱17427 is taken out for taxes.
Similar questions