Asked by Bill
When calculating his income tax an accountant realized that his federal tax was 40% of his income after his provincial tax was paid, and that his provincial tax was 25% of his income after his federal tax was paid. If the accountant's income before taxes amounted to $180000, how much federal tax did he pay?
Answers
Answered by
oobleck
income: x
federal tax: f
provincial tax: p
f = .40(x-p)
p = .25(x-f)
so, f = .40(x - .25(x-f))
so, solving that for f, you get
f = 1/3 x = 60000
federal tax: f
provincial tax: p
f = .40(x-p)
p = .25(x-f)
so, f = .40(x - .25(x-f))
so, solving that for f, you get
f = 1/3 x = 60000
Answered by
Anonymous
I bet yall are in SMS
Answered by
jeff
lmao contortions grade ten for sms
Answered by
Joe
Yessir,
never do the questions always search it up
never do the questions always search it up
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