Question

ralphs annual income is about $32,000. based on his expenses illustrated in the graph below, roughly how much should ralph expect to pay in taxes this year?
ralphs expenses
clothing 5%
other 3%
recreation 6%
transportation 7%
medical care 11%
food 8%
housing and household 25%
state taxes 6%
federal taxes 29%
a. $1,920
b. $8,000
c. $9,280
d. $11,200

Explanation:

Step1: Identify tax percentages

From the pie chart, Federal Taxes are 29% and State Taxes are 6%. Total tax percentage = 29% + 6% = 35%.

Step2: Calculate total tax amount

Ralph's annual income is $32,000. Tax amount = 35% of $32,000. Convert 35% to decimal: 0.35. Then, $32,000 × 0.35 = $11,200? Wait, no, wait. Wait, 29% + 6% is 35%? Wait, 29 + 6 is 35. But let's recalculate: 32,000 × 0.35. 32,000 × 0.3 = 9,600; 32,000 × 0.05 = 1,600. So 9,600 + 1,600 = 11,200? But wait, the options: d is $11,200. Wait, but let's check again. Wait, maybe I misread the percentages. Wait, Federal Taxes 29%, State Taxes 6%. So total tax is 29 + 6 = 35% of 32,000. 32,000 × 0.35 = 11,200. So the answer should be d.

Answer:

d. $11,200