Question

Mel has a net annual income of $53 246 after 21% of her income is C withdrawn for tax purposes. What was her gross income?

Answer 1

$67400

Explanation:

Given that :

Net income = 53246

Deduction (tax purposes) % = 21%

Gross income = net income + deduction

Let gross income = x

x = 53246 + 21% of x

x = 53246 + 0.21x

x - 0.21x = 53246

0.79x = 53246

x = 53246 / 0.79

x = 67400