section B: income aX M 1 / practice Exercises B-Income Tax(OHM? Reattempt this q
ID: 3197721 • Letter: S
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section B: income aX M 1 / practice Exercises B-Income Tax(OHM? Reattempt this question Question with last attempt is displayed for your review only Suppose Family A makes $41,000 per year and Family B makes $110,000 per year Both families need to spend $2,500 per year on household goods (cleaning supplies, hygiene products, etc.). if the sales tax is 5.4%, then how much does each family pay in sales tax? $ 135 Preview (round to the nearest cent) tthe percent of the famly ncome for Famly What is the percent of the family income for Family B? round to three decdinal places) What is the percent of the family income for Family A? 1% preview round to three decimal places) % Preview. (round to three decimal places) Family A pays Select an answer ) percent of their income as Family B. Therefore, this is an example of a Select an answer Dtax Message Instructor about this questionExplanation / Answer
Income of Family A = $41,000
Income of Family B = $110,000
Sales Tax = 5.4%, amount = 5.4% of 2500 = $135
Percentage of family income in sales tax of Family A = (135/41000) * 100 = 0.329 %
Percentage of family income in sales tax of Family B = (135/110000) * 100 = 0.123 %
Family A pays more percent of their income as Family B
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