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pkw209
- Master | Next Rank: 500 Posts
- Posts: 266
- Joined: Mon Oct 19, 2009 9:46 pm
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- GMAT Score:690
Hi all,
Unsure of how to solve this one. A brief explanation would be appreciated. Thanks!
FYI, I took this from Zuleron's list of gmat prep questions. The answer is C. I am aware that answers A and E are the same but this is how they are listed in the doc.
124) Before being simplified, the instructions for computing the income tax in Country K were to add 2% of annual income to average of 100 units of Country K's currency and 1% of annual income. Which represents the simplified formula for computing income tax for a person with an annual income I?
a. 50 + I/200
b. 50 + 3I/100
c. 50 + I/40
d. 50 + I/50
e. 50 + 3I/100
Unsure of how to solve this one. A brief explanation would be appreciated. Thanks!
FYI, I took this from Zuleron's list of gmat prep questions. The answer is C. I am aware that answers A and E are the same but this is how they are listed in the doc.
124) Before being simplified, the instructions for computing the income tax in Country K were to add 2% of annual income to average of 100 units of Country K's currency and 1% of annual income. Which represents the simplified formula for computing income tax for a person with an annual income I?
a. 50 + I/200
b. 50 + 3I/100
c. 50 + I/40
d. 50 + I/50
e. 50 + 3I/100
