Math question?
If I made $58,000 in 2007 and paid $10,000 in federal income tax, what percentage did I pay in tax? how do you calculate this? glad i dont have to use math in my job! Thanks very much for your help!
Public Comments
- simple (tax paid / total income) * 100 (10000 / 58000) * 100 = (10 / 58) * 100 = = 17.24%
- $10000/$58000 = 17.2%
- 10,000/58,000=x/100 58,000x=100 times 10,000 58,000x= 1,000,000 x= 1,000,000/58,000 x=17.24%
- 58,000 ==> 100% 10,000 ==> x% x = (10,000*100) : 58,000 x = 500/29 = 17.24% :>:
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