idkjules5728
29.11.2019 •
Mathematics
Aperson earns $25000 per month and pays 9000 income tax per year. the government increased income tax by 0.5% per month and his monthly earning was increased $11000. how much more income tax will he pay per month.
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Ответ:
The person will pay $ 510 more as income tax per month .
Step-by-step explanation:
Given as :
The monthly income of person = $ 25000
The amount paid as income tax per year =$ 9000
So,The amount paid as income tax per month =$ = $750
Or, x% is the income tax of the monthly income
I.e x % of 25000 = 750
∴ x % =
Or, x = × 100
I.e x = 3 %
Now, since the income tax is increase by 0.5 % per month
So, x' = 3 % + 0.5 % = 3.5 %
And The monthly income increase by $ 11000
I.e New monthly income = $ 25000 + $ 11000 = $ 36000
Now, The income tax which the person pay now is 3.5 % of $ 36000
i.e The income tax which the person pay now = 0.035×36000 = 1260 per month
so, The income tax which the person pay now as per year = 1260 × 12 = $ 15,120
∴ The increase income tax per month = $ 1260 - $ 750 = $ 510
Hence The person will pay $ 510 more as income tax per month . Answer
Ответ: