Solve for Rate in the Problem

question 59

Multiple Choice

Solve for rate in the problem. Round to the nearest tenth of a percent.
-$906 is % of $1,936.

• A)0.5
• B)213.7
• C)46.8
• D)0.1

---

Definitions:

State Income Tax

A tax imposed by a state on the income earned by individuals, corporations, or other legal entities within that state.

Federal Income Tax

The tax levied by the IRS on the annual earnings of individuals, corporations, trusts, and other legal entities.

Allowances

A revision of the definition referring to sums of money set aside or given for a specific purpose, such as deductions from taxable income to account for certain expenses.

State Income Tax

Taxes levied by individual states on the income earned by residents and, sometimes, non-residents within the state.