The currency in a certain country is called the sirktian. In this country's tax system, a person pays 0 sirktians on the first 27,500 sirktians earned. They then pay a flat tax of 29 % on everything over 27,500 sirktians. This information is summarized in the following tax table.

Income (in sirktians) Tax Rate

0-27, 500 0%

Over 27,500 29 %

How many Sirktians in taxes are owed for an individual earning 28,600 sirktians?

Question

Mathematics

Amelie

23 October, 03:10

The currency in a certain country is called the sirktian. In this country's tax system, a person pays 0 sirktians on the first 27,500 sirktians earned. They then pay a flat tax of 29 % on everything over 27,500 sirktians. This information is summarized in the following tax table.

Income (in sirktians) Tax Rate

0-27, 500 0%

Over 27,500 29 %

How many Sirktians in taxes are owed for an individual earning 28,600 sirktians?

+2

Answers (1)

Know the Answer?

Allyson Massey · Answer 1

Total income = 28,600 sirktians

Income above 27,500 sirktians = 28600 - 27500 = 1100 sirktians

Taxes on the first 27,500 sirktians = 0

Note that 29% = 0.29.

Taxes on 1100 sirktians = 1100*0.29 = 319 sirktians

Answer: 319 sirktians