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Considering the 9th slab of tax structure of Pakistan for 2020-2021, Where the taxable salary income exceeds Rs. 12,000,000 but does not exceed Rs. 30,000,000 the rate of income tax is 2,345,000 + 27.5% of the amount exceeding Rs. 12,000,000. If we create a mathematical Model of the tax structure, the function for this particular slab will be:


0.275x


0.275x-12000000


0.275x-955000


0.275x-2345000

Respuesta :

sqdancefan

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Answer:

  (c)  0.275x-955000

Step-by-step explanation:

The amount exceeding 12,000,000 can be described by ...

  x - 12,000,000

Then 27.5% of that is ...

  0.275(x -12,000,000) = 0.275x -3,300,000

Adding 2,345,000 to that gives the expression ...

  2,345,000 +(0.275x -3,300,000) = 0.275x -955,000

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