Question

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?

Answer 1

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

Answer 2

$56,000

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

`(75)/(100)* x=42000`

`x=(42000* 100)/(75)`

`x=56000`

Hence, the least salary he can earns=$56000