Jamal works as a computer network technician and last year they paid $4061 in social security tax. what was their annual income last year? Take the tax percentage as 6.2%

Respuesta :

We know that Jamal paid 4061 of taxes and

[tex]4061=P\cdot(0.062)[/tex]

where P is Jamal's income and 6.2% correspond to 0.062. Now, we must isolate P. It yields,

[tex]\begin{gathered} P=\frac{4061}{0.062} \\ P=65500 \end{gathered}[/tex]

this means that Jamal's income was $65500 last year

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