SOLUTION: The currency in a certain country is called sirktian. In this country’s tax system, a person pays 0 sirktians on the first 27,400 sirktians earned. They then pay a flat tax of 25%

Algebra ->  Customizable Word Problem Solvers  -> Misc -> SOLUTION: The currency in a certain country is called sirktian. In this country’s tax system, a person pays 0 sirktians on the first 27,400 sirktians earned. They then pay a flat tax of 25%       Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 978960: The currency in a certain country is called sirktian. In this country’s tax system, a person pays 0 sirktians on the first 27,400 sirktians earned. They then pay a flat tax of 25% on everything over 27,400 sirktians How many sirktians in taxes are owed for an individual earning 29,500 sirktians?

Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
You have to read this carefully.
They say " tax of 25% on everything OVER 27,400 sirktians "
+29500+-+27400+=+2100+
2,100 is the amount that gets taxed
+.25%2A2100+=+525+
525 in sirktians in taxes are owed