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# Gmatprep-Income tax

Author Message
VP
Joined: 03 Apr 2007
Posts: 1340

Kudos [?]: 833 [0], given: 10

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26 Jul 2008, 11:38
This topic is locked. If you want to discuss this question please re-post it in the respective forum.

Attachment:

sheetal_itax.GIF [ 19.36 KiB | Viewed 829 times ]

Kudos [?]: 833 [0], given: 10

Manager
Joined: 03 Jun 2008
Posts: 133

Kudos [?]: 45 [0], given: 0

Schools: ISB, Tuck, Michigan (Ross), Darden, MBS

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26 Jul 2008, 11:45
C is the correct ans.

Tax = .02 I + (100 + .01 I)/2

=> I/50 + 50 + I/200

=> 5I/200 + 50

=> I/40 + 50
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Kudos [?]: 45 [0], given: 0

Re: Gmatprep-Income tax   [#permalink] 26 Jul 2008, 11:45
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# Gmatprep-Income tax

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