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Mr_T
- Senior | Next Rank: 100 Posts
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- Joined: Sat Nov 28, 2009 1:01 pm
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Hi everyone,
I'm having trouble understanding this problem:
Before being simplified, the instructions for computing income tax in Country R were to add 2 percent of one's annual income to the average (arithmetic mean) of 100 units of Country R's currency and 1 percent of one's annual income. Which of the following represents the simplified formula for computing the income tax, in country R's currency, for a person in that country whose annual income is I?
The answer is 50 + I/40.
Thanks,
mr T
I'm having trouble understanding this problem:
Before being simplified, the instructions for computing income tax in Country R were to add 2 percent of one's annual income to the average (arithmetic mean) of 100 units of Country R's currency and 1 percent of one's annual income. Which of the following represents the simplified formula for computing the income tax, in country R's currency, for a person in that country whose annual income is I?
The answer is 50 + I/40.
Thanks,
mr T
