Question

maya earns £3672 each month before tax is taken out . this amount is then split into three parts:She doesnt pay tax on £972 of it. she pays 20% tax on £2665 of it. she pays 40% tax on the rest of it. How much of mayas monthly earnings are left after tax has been taken out? please help

Answer 1

£ 3125

Explanation:

Tax amount on £ 2665 = 20% of 2665

= 0.2 * 2665

= £ 533

Rest amount = 3672 - (972 + 2665)

= 3672 -3637

= £ 35

Tax amount of £ 35 = 40% * 35

= 0.4 * 35

= 14

Total tax = 533 + 14

= £ 547

Money left after paying tax = 3672 - 547

= £ 3125