Vinny is interviewing for a job. he wants his take-home pay to be at least $42,000$42,000. what is the least salary he can earn if he pays 25%% income tax?

Respuesta :

$56,000. If you're only adjusting for tax.

Answer:

$56,000

Step-by-step explanation:

We are given that

Vinny wants his take-home pay to be atleast=$42000

His income tax=25% of salary

We have to find the least salary he can earn if he pays 25% income tax.

If he pays income tax 25% of his salary then,

Vinny has remaining money=100-25=75% of  salary

Let x bet least salary of Vinny

According to question

75% of x=42000

[tex]\frac{75}{100}\times x=42000[/tex]

[tex]x=\frac{42000\times 100}{75}[/tex]

[tex]x=56000[/tex]

Hence, the least salary he can earns=$56000

ACCESS MORE
EDU ACCESS