Hymie Caddiddle is a truck driver who earns $56,000 a year driving cross-country. He is single with no dependents. He pays $2,430 in yearly state taxes. What is the state income tax rate for his state?

Respuesta :

In order to solve this problem, we need to figure out what percent 2,430 is of 56,000.  We do this by dividing 2,430 by 56,000.  This is equal to 0.04339.  We multiply this by 100 to get a percent.  This is equal to 4.339%, so the tax rate is 4.339%.

Answer:

State income tax rate for his state is 4.34 % .

Step-by-step explanation:

Formula

[tex]Percentage = \frac{Part\ value\times 100}{Total\ value}[/tex]

As given

Hymie Caddiddle is a truck driver who earns $56,000 a year driving cross-country.

He is single with no dependents. He pays $2,430 in yearly state taxes.

Part value = $2430

Total value = $56000

Putting all the values in the formula

[tex]Percentage = \frac{2430\times 100}{56000}[/tex]

[tex]Percentage = \frac{243000}{56000}[/tex]

Percentage = 4.34 % (Approx)

Therefore the state income tax rate for his state is 4.34 % .