Question

a gate keeper earns 31,000 naira per month. he gets 1000 naira of his income as tax free. if he pays tax at the rate of 6 kobo per naira, how much is his monthly salary after paying his income tax?​

Answer 1

28,200 naira would be his income after he paid 1800 to taxes

Explanation:

First, let's use the information to find out how much he got taxes on.

We should deduct 1000 naira from his monthly income because it is not taxed leaving 30,000 of taxable income

Then multiply his income by the percentage of tax he receives which is .06

30,000 x .06 = 1800

Then subtract money that is taxed by his income

30,000 - 1800 = 28,2000