SOLUTION: Mr. Buah earns ¢120000 as gross income per year. His tax fee allowance is ¢1500. How much tax does he have to pay if he is liable to tax at a basic rate of 15%.
Algebra ->
Finance
-> SOLUTION: Mr. Buah earns ¢120000 as gross income per year. His tax fee allowance is ¢1500. How much tax does he have to pay if he is liable to tax at a basic rate of 15%.
Log On
Question 1195547: Mr. Buah earns ¢120000 as gross income per year. His tax fee allowance is ¢1500. How much tax does he have to pay if he is liable to tax at a basic rate of 15%. Found 2 solutions by nycmathdad, Alan3354:Answer by nycmathdad(2) (Show Source):
You can put this solution on YOUR website! Go to math-forums.com for free math help.
Rules:
1. Show your work, your effort.
2. Be respectful and professional.
3. No topics outside of mathematics.
You can put this solution on YOUR website! Mr. Buah earns ¢120000 as gross income per year. His tax fee allowance is ¢1500. How much tax does he have to pay if he is liable to tax at a basic rate of 15%.
------------------------
He pays tax on 120000 - 1500 = 118500
Tax is 0.15*118500
-------------------------
IDK what the other "tutor" is trying to do.
(
