document.write( "Question 767104: A taxplayer is allowed 1/10 th of his income as taxfree and pays 15% on the remainder. If he pays $450.00 tax, what is his income? \n" ); document.write( "
Algebra.Com's Answer #467416 by ramkikk66(644)![]() ![]() ![]() You can put this solution on YOUR website! A taxplayer is allowed 1/10 th of his income as taxfree and pays 15% on the remainder. If he pays $450.00 tax, what is his income? \r \n" ); document.write( "\n" ); document.write( "Ans: \n" ); document.write( "Let total income be x. \n" ); document.write( "1/10 of income is tax-free. So only 9/10 or 0.9*x is taxable. \n" ); document.write( "On this income he pays tax of 15%.\r \n" ); document.write( "\n" ); document.write( "So tax as a portion of income = 0.9* x *15/100 = 0.135*x\r \n" ); document.write( "\n" ); document.write( "This amount is given to be $450\r \n" ); document.write( "\n" ); document.write( "0.135*x = 450\r \n" ); document.write( "\n" ); document.write( "x = 450/0.135 = $3333.33\r \n" ); document.write( "\n" ); document.write( "Total income = \n" ); document.write( "\n" ); document.write( ":) \n" ); document.write( " |