Problem

Emily earns £4289 each month before tax is taken out. This amount is then split into three parts:
She doesn't pay any tax on £979 of it. She pays 20% tax on £3225 of it. She pays 40% tax on the rest of it.
How much of Emily's monthly earnings are left after tax has been taken out?
Give your answer in pounds (£).

Answer

Expert–verified
Hide Steps
Answer

3610

Steps

Step 1 :Calculate the remaining amount taxed at 40%: 42899793225=85

Step 2 :Calculate the tax on £3225 (20% tax) and £85 (40% tax): 0.20×3225=645 and 0.40×85=34

Step 3 :Subtract the total tax from Emily's initial earnings: 428964534=3610

Step 4 :3610

link_gpt