income 1000 2000 3000 taxes 200 350 450 what percentage of income is paid in taxes at each level?
200/1000 = 0.2 = 20%
Do the same thing for the other two sets of numbers.
To find the percentage of income paid in taxes at each level, you need to divide the amount of taxes paid by the income and then multiply by 100 to get the percentage.
Here's how you can calculate the percentage of income paid in taxes at each level:
1. Calculate the percentage of income paid in taxes for the first level:
- Income: $1,000
- Taxes: $200
- Percentage of income paid in taxes = (Taxes / Income) * 100 = (200 / 1000) * 100 = 20%
2. Calculate the percentage of income paid in taxes for the second level:
- Income: $2,000
- Taxes: $350
- Percentage of income paid in taxes = (Taxes / Income) * 100 = (350 / 2000) * 100 = 17.5%
3. Calculate the percentage of income paid in taxes for the third level:
- Income: $3,000
- Taxes: $450
- Percentage of income paid in taxes = (Taxes / Income) * 100 = (450 / 3000) * 100 = 15%
Therefore, at each income level, the percentages of income paid in taxes are as follows:
- For an income of $1,000, 20% of the income is paid in taxes.
- For an income of $2,000, 17.5% of the income is paid in taxes.
- For an income of $3,000, 15% of the income is paid in taxes.