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Charlie get paid an annual salary of $75,000. If he paid $15,000 in taxes,what is the rate (as a percent)that Charlie pays in taxes annually ?

Charlie get paid an annual salary of $75,000. If he paid $15,000 in taxes,what is the rate (as a percent)that Charlie pays in taxes annually ?
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Charlie get paid an annual salary of $75,000. If he paid $15,000 in taxes,what is the rate (as a percent)that Charlie pays in taxes annually ?

User Gabi
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1 Answer

4 votes
20%

75,000 - 15,000 = 60,000

60,000/75,000 = .80 which leaves the 15,000 at .20 which is 20%
User Michael Gygli
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