Fixed expenses 2013

Since 2013, the Slovak government has had plans to tax more small one-person businesses. Instead of fixed expenses, 40% will be fixed expenses 40% of gross income up to 420 Eur.

Calculate what percentage of fixed expenses will in 2013 pays from gross income 1569 Eur.

Correct answer:

x =  26.8 %

Step-by-step explanation:

b=1569 Eur q=40%=10040=52=0.4 v=q b=52 1569=52 1569=53138=627.6 Eur v2=min(420,v)=min(420,627.6)=420 Eur  x1=bv2=1569420=5231400.2677 x=100 x1=100 1569420=1569100 420=156942000=26.8%



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