Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing

xxdgffsdgdfgffgsg

  • 3 years ago

If your income is $40,000 and tax is 25% how much would you take home?

  • This Question is Closed
  1. jim_thompson5910
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    what is 25% of 40,000?

  2. xxdgffsdgdfgffgsg
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    $10000

  3. jim_thompson5910
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    subtract that from 40,000 and that's your take home pay after taxes

  4. xxdgffsdgdfgffgsg
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    ok thanks

  5. jim_thompson5910
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    np

  6. jim_thompson5910
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    an alternative is to multiply 40,000 by 0.75 because you are essentially taking home 75% of 40,000 after you subtract off 25% to pay for taxes

  7. Not the answer you are looking for?
    Search for more explanations.

    • Attachments:

Ask your own question

Sign Up
Find more explanations on OpenStudy
Privacy Policy