In a certain country, the Income Tax (IT) is deducted from monthly wages as follows:
• For salaries up to 1,500.00, TI is zero.
• The portion of salary between 1,500.00 and 3,500.00 is taxed at 12%.
• portion of salary that exceeds 3,500.00 is taxed at 20%.
Therefore, a worker who receives a wage of the amount of 1 800.00, will pay tax on the amount presented CORRECTLY in the alternative:
a) 212.00. b) 216.00. c) 218.00. d) 220.00. e) 222.00.
I took a test, the institution that prepared the test declared that the correct alternative is b, but I understood that I should calculate 12% on the difference of 1800 - 1500 = 300, which results in $36 and is not part of the alternatives