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Bill pays 20% tax on his gross salary of $5,000 each month a
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10 Jun 2018, 04:54
10 Jun 2018, 04:54
Expert Reply
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Question Stats:
83% (00:45) correct
16% (00:03) wrong based on 73 sessions
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Bill pays 20% tax on his gross salary of $5,000 each month and spends 25% of the remaining amount on rent.
A)The quantity in Column A is greater.
B)The quantity in Column B is greater.
C)The two quantities are equal.
D)The relationship cannot be determined from the information given.
Quantity A |
Quantity B |
The monthly tax paid on Bill’s salary |
The rent paid monthly by Bill |
A)The quantity in Column A is greater.
B)The quantity in Column B is greater.
C)The two quantities are equal.
D)The relationship cannot be determined from the information given.
Re: Bill pays 20% tax on his gross salary of $5,000 each month a
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16 Jun 2018, 15:40
16 Jun 2018, 15:40
Quantity A: .20 * 5,000
Quantity B: .25 * (5,000 - Quantity A)
Since Quantity A is the monthly tax Bill pays on his salary, we can subtract that from 5,000 to find the remaining amount.
Quantity A: 1,000
Quantity B: .25 * (5,000 - 1,000)
Quantity A: 1,000
Quantity B: .25 * (4,000)
Quantity A: 1,000
Quantity B: 1,000
Quantity A is equivalent to Quantity B.
The answer is C.
Quantity B: .25 * (5,000 - Quantity A)
Since Quantity A is the monthly tax Bill pays on his salary, we can subtract that from 5,000 to find the remaining amount.
Quantity A: 1,000
Quantity B: .25 * (5,000 - 1,000)
Quantity A: 1,000
Quantity B: .25 * (4,000)
Quantity A: 1,000
Quantity B: 1,000
Quantity A is equivalent to Quantity B.
The answer is C.
Re: Bill pays 20% tax on his gross salary of $5,000 each month a
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11 Jul 2018, 15:58
11 Jul 2018, 15:58
Expert Reply
Explanation
Bill’s tax is (0.20)($5,000) = $1,000. Thus, his remaining salary is $4,000.
His rent is therefore (0.25)($4000) = $1,000. The two quantities are equal.
Bill’s tax is (0.20)($5,000) = $1,000. Thus, his remaining salary is $4,000.
His rent is therefore (0.25)($4000) = $1,000. The two quantities are equal.
