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math
2 percent of annual income = I *2/100
average arithmetic mean and annual income
(100 + I/100 )/2 = 50 +I/200
Now Tax = I*2/100 +{ 50 + I/200 }
= 50 + I/40
- by hannahdavis
Thu Apr 02, 2009 10:52 pm- Forum: Problem Solving
- Topic: gmatprep1
- Replies: 7
- Views: 2121