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Topic: Income question
Replies: 1   Last Post: Aug 17, 2013 11:07 AM

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grei

Posts: 116
Registered: 11/27/12
Re: Income question
Posted: Aug 17, 2013 11:07 AM
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net income is "gross income minus 5% of gross income". The entire gross income (100% of gross income) minus 5% of gross income is 100- 5= 95% of gross income. So if you call "gross income" G, you have .95G= 1373.70. Divide both sides by .95.


Date Subject Author
8/15/13
Read Income question
amna9028
8/17/13
Read Re: Income question
grei

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