asked 137k views
1 vote
You earn 30,000 per year and the federal tax rate is 10 percent. Your net income is a) 3,000b) 17,000c) 27,000d) 30,000

asked
User Idclark
by
8.2k points

2 Answers

4 votes

Answer:

The answer is 27,000

10 percent of 30,000 is 3,000 and that's how much is being removed from your income because of tax. After tax your income is 27,000. Income after tax is called net income.

Hope this helps :)

answered
User Jhkuperus
by
8.6k points
1 vote
The answer is A, 3,000

If you are looking for solution then:
10 percent *30000 =

(10:100)*30000 =

(10*30000):100 =

300000:100 = 3000
answered
User Michael L
by
8.3k points
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