SOLUTION: If you pay 30% of your income in taxes and your income after taxes is $24,682, what is your gross (before taxes) income?
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Question 318898: If you pay 30% of your income in taxes and your income after taxes is $24,682, what is your gross (before taxes) income?
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
If you pay 30% of your income in taxes and your income after taxes is $24,682, what is your gross (before taxes) income?
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Let gross income be "x".
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Equation:
0.70x = 24682
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x = $35,260
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Cheers,
Stan H.
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