Question

The basic working pay of a man is $12,000. If he is paid $10,500 of deducting tax. What is the percentage tax charged?

Answer 1

12.5%

Explanation:

12000 - 10500 = 1500

1500 / 12000 = 0.125

0.125 * 100 = 12.5%

Answer 2

The percentage tax charged is $1,500 / $12,000 = 12.5%.

Explanation:

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