Mathematics
Mathematics, 24.05.2021 22:10, lolxdtig

A man has a wife with six children and his total income in 1988 was $8500. He was allowed the following free of tax.
Personal=$1200
Wife=$300
Each child=$250 for a maximum of 4
Dependant Relatives=$400
Insurance=$250

The rest was taxed at the 10%
Calculate;
(i) His total allowed tax
(ii) his monthly taxable income (iii) his net monthly Pay
(iv) his income tax

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Answers: 2

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A man has a wife with six children and his total income in 1988 was $8500. He was allowed the follo...

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