document.write( "Question 889123: chenthe income tax to be paid on a MAN's Salary is calculated as follows
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document.write( "The first $9600 is tax free
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document.write( "The next $10000 is taxed at 4%
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document.write( "The next $5000 is taxed at 7%
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document.write( "And the remainder of his salary is taxed at 12%
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document.write( "(a) Mr koh's salary is $46000. Calculate the income tax.
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document.write( "(b) MR CHEN Pays $4800 in tax. Calculate his salary.? \n" );
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Algebra.Com's Answer #538778 by Theo(13342)![]() ![]() You can put this solution on YOUR website! first 9600 has no tax \n" ); document.write( "next 10000 is taxed at 4% so full 10000 tax is 400. \n" ); document.write( "next 5000 is taxed at 7% so full 5000 tax is 350. \n" ); document.write( "add them all up and tax on the first 24600 is equal to 750.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "for mister koh:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "46000 - 24600 = 21400 \n" ); document.write( "21400 taxed at 12% equals a tax of 2568. \n" ); document.write( "2568 + 750 = a total tax of 3318.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "total tax for mister koh is 3318.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "for mister chen:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "total tax he paid is 4800. \n" ); document.write( "take away 750 and his remaining tax is 4050. \n" ); document.write( "this is the amount that was taxed at 12%. \n" ); document.write( "divide 4050 by 12% and you get 33750. \n" ); document.write( "add 24600 to that and you get 58350\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "total income for mister chen is 58350.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |