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If your gross pay is 3100 in a month and you are taxed $950, what is your tax rate.​
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If your gross pay is 3100 in a month and you are taxed $950, what is your tax rate.​

User Huma Ali
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1 Answer

7 votes

Answer:

about 30.65%

Explanation:

The tax rate is the ratio of tax to the amount being taxed.

Multiply the ratio by 100% to make it be a percentage:

950/3100 × 100% ≈ 30.65%

User Takashi
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