if the income tax is increased by 19%,the net income is reduced by 1%.the rate of income tax is how much?

• Let total amount =100
  income tax rate =x%
  
  Net income =100 - x
  19%x=1%(100-x)
  19x=100-x
  20x=100;
  x=5
• 7 years agoHelpfull: Yes(9) No(0)
• let total amount =100
  net income rate=x%
  income tax amount=x
  net income=100-x
  24% of x=1% of(100-x)
  24x=100-x
  25x=100
  x=4
• 7 years agoHelpfull: Yes(1) No(2)