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Olaolu’s monthly salary is 604.18.He pays 10%as income tax per month.What is his monthly tax to the nearest naira

1 Answer

3 votes

Answer:

₦60

Explanation:

The amount of tax will be found by multiplying the tax rate by the amount being taxed.

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The monthly tax is the tax rate times the monthly salary:

10% × ₦604.18 = ₦60.42

Olaolu's monthly tax is about ₦60.

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