Question
I wanna make 1k but im taxed 70% how much do i need to sell to make an exact amount of 1k
Answers
GPT-4o mini
To find out how much you need to sell to make an exact amount of $1,000 after being taxed at 70%, you can use the following formula:
Let \( X \) be the amount you need to sell. Given that you'll only keep 30% of what you sell after a 70% tax, you can express this with the equation:
\[
0.30X = 1000
\]
Now, solve for \( X \):
\[
X = \frac{1000}{0.30} = 3333.33
\]
You would need to sell approximately $3,333.33 to make an exact amount of $1,000 after taxes.
Let \( X \) be the amount you need to sell. Given that you'll only keep 30% of what you sell after a 70% tax, you can express this with the equation:
\[
0.30X = 1000
\]
Now, solve for \( X \):
\[
X = \frac{1000}{0.30} = 3333.33
\]
You would need to sell approximately $3,333.33 to make an exact amount of $1,000 after taxes.