If you made $25,000 last year in income and paid $100 in gasoline tax,what rate of income was your 'gasoline' tax?

Question

Quizplus · Accepted Answer

To find the rate of income for the gasoline tax, we need to divide the amount of gasoline tax paid ($100) by the total income ($25,000) and then multiply that by 100 to get the percentage. 
($100/$25,000) x 100 = 0.4%
Therefore, the rate of income for the gasoline tax is 0.4%.

If You Made $25,000 Last Year in Income and Paid