Tax Word Problems

Anika earns $100,000 annually from her software development job and pays a total of 35% in federal and state taxes combined. What is her net annual income after taxes?

• $65,000

• $70,000

• $75,000

• $60,000

Arjun's family has a gross income of $85,000 and they pay 25% in taxes, how much do they spend on taxes annually?

• $21,250

• $20,000

• $22,500

• $18,750

James, a freelance graphic designer, earns $1,800 from a logo design project. If a 12% tax is deducted from his earnings, how much does he receive after tax?

• $1,584

• $1,680

• $1,596

• $1,500

James earns $92,000 annually from his bakery business. If he is taxed at a rate of 24%, how much tax does he pay each year?

• $22,080

• $20,880

• $21,760

• $19,680

Grace's cafe generates $250,000 in revenue. After paying a 28% tax, how much revenue remains?

• $180,000

• $190,000

• $200,000

• $170,000

Mia has been working as a software developer for a tech company with a gross annual salary of $48,000. After paying 18% in federal taxes and 4% in state taxes, what is Mia's net annual salary?

• $37,440

• $39,360

• $36,000

• $40,320

John wants to buy a video game that costs $59.99. If the sales tax rate is 7%, how much will John pay in total for the video game?

• $64.19

• $63.59

• $64.79

• $65.99

• $210

• $220

• $210.00

• $231

A grocery store is selling apples for $1.50 per pound. If Maria buys 4 pounds of apples and the sales tax is 6%, how much does she pay in total?

• $6.36

• $6.00

• $6.50

• $7.00

A restaurant's meal costs $25. If the sales tax is 10% and a customer wants to buy 2 meals, what is the total cost including tax?

• $55.00

• $50.00

• $52.50

• $55.50