SOLUTION: The monthly salary is k6400.00. if she pays tax at the rate of 0% on the first k3300.00, 30% on the next k800.00 and 35% on the remaining amount. Calculate monthly tax.

Algebra ->  Finance -> SOLUTION: The monthly salary is k6400.00. if she pays tax at the rate of 0% on the first k3300.00, 30% on the next k800.00 and 35% on the remaining amount. Calculate monthly tax.      Log On


   

Question 1129540: The monthly salary is k6400.00. if she pays tax at the rate of 0% on the first k3300.00, 30% on the next k800.00 and 35% on the remaining amount. Calculate monthly tax.
Answer by ikleyn(52781) About Me  (Show Source):
You can put this solution on YOUR website!
.
Monthly tax = 0*3300 + 0.30*800 + 0.35*(6400 - 3300 - 800).


This formula is self-explanatory.

Use your calculator.