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26 May 2021, 02:15
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The income tax in country X is 8% of any income up to $5000. For incomes over $5,000, an 8% tax is imposed on the first $5,000, and a 10% tax is imposed on the portion of the total income in excess of $5000. If Perry paid $950 in income tax last month, then what was Perry's income?
A. $10,500
B. $11,000
C. $13,000
D. $13,500
E. $14,000
A. $10,500
B. $11,000
C. $13,000
D. $13,500
E. $14,000
26 May 2021, 02:32
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8/100 (5000)+10/100(x-5000)=950
x=10500
Posted from my mobile device
x=10500
Posted from my mobile device
