Finance/percentages | Mathematics | Page 1

ruby oliveBOT Jul 17, 2023, 12:29 AM

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humble ibex Jul 17, 2023, 12:30 AM

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Here is an example problem from a question that is similar/easier

hollow wigeon Jul 17, 2023, 12:57 AM

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which answer are you getting?

humble ibex Jul 17, 2023, 1:21 AM

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random answers not shown in the 4 above

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i know the answer now but I need to understand how to get it for my final exam

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the answer is 7,723

hollow wigeon Jul 17, 2023, 1:22 AM

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yeah

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the thinking process is, there is a 12% tax on the income from 9526 to 38700

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so you'll do (38700-9526) x 0.12

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then there is a 22% tax from 38701 to 82500, however as your income is 57890

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you will do (57890-38701) x 0.22

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then add this two results

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the result will be 7722.46, that is approximately 7723

humble ibex Jul 17, 2023, 1:33 AM

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i was subtracting the 9525 from the salary

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thank you

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.solved

ruby oliveBOT Jul 17, 2023, 1:34 AM

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Solved

Post marked as solved by @humble ibex.

Use .unsolved if this was a mistake.

humble ibex Jul 17, 2023, 1:35 AM

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pedro goat

#Finance/percentages