1. When an oil tank contains 420 litres of oil it is 30% full. How many more litres can it hold?
2. A car travels 92 km on 12 litres of gas. How many litres is it likely to need for 230 km?
3. In the Caribbean, the first $14 300.00 of income is non-taxable. The remaining income is taxed at 25%. Other deductions from the income are:
Education Tax 2%
Housing Trust 2%
National Insurance 2 ½ % (each as a percent of the gross income).
A man has an income of $18540.00. Calculate:
(a) His annual tax
(b) His monthly income after tax