In a certain country, income tax is assessed as follows. There is no tax on income up to $15000. Any income over $15000 is taxed at a rate of 10%, up to an income of $25000. Any income over $25000 is taxed at 15%. How much tax is assessed on an income of $22000?

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Mathematics

15 March, 22:01

In a certain country, income tax is assessed as follows. There is no tax on income up to $15000. Any income over $15000 is taxed at a rate of 10%, up to an income of $25000. Any income over $25000 is taxed at 15%. How much tax is assessed on an income of $22000?

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Dante Bird · Answer 1

your answer is going to be $700 this is how u do it

first step: 22000-15000=7000

now you convert the 10% to a decimal and it turns into. 10 now multiply that by your 7000 and you get $700 of tax