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Tax rates are 10% on the first $10,000 you earn and 20% on amounts over that. You earn $15,000. What is your tax?

Tax rates are 10% on the first $10,000 you earn and 20% on amounts over that. You earn $15,000. What is your tax?
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2 votes
Tax rates are 10% on the first $10,000 you earn and 20% on amounts over that. You earn $15,000. What is your tax?

asked
User SIMULATAN
by
8.4k points

2 Answers

1 vote

Answer:2000

Step-by-step explanation:Quick and simple answer

answered
User MadhavanRP
by
8.9k points
0 votes
10% on first 10k is 1,000
20% on 5k is 1,000
You owe 2,000
answered
User Eric Tune
by
7.7k points
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